The UK’s accounting regulator, the Financial Reporting Council (FRC), is to consider whether the accountancy firm, KPMG, or any individuals require further investigation following a review of the report, published last November by the Prudential Regulatory Authority and the
The board of retailer Next has been forced to call a general shareholder meeting next month after finding a technical infringement of the Companies Act 2006 in respect of the payment of the dividends.
The issue relates to the dividends …
Read MoreThe Bank of England is proposing to strengthen the remuneration requirements on buy-outs of variable remuneration for those regarded as material risk takers at banks, building societies and designated investment firms regulated by the Prudential Regulatory Authority. These proposals are, …
Read MoreCompliance with the UK Corporate Governance Code remains high,with 90 per cent of the FTSE 350 complying with all but one or two provisions, according to the Financial Reporting Council (FRC) in its report, Developments in Corporate Governance and Stewardship …
Read MoreIn a move to assist investors, the French government has adopted clear standards for products that fund managers regard as socially responsible investments. These investments products will need to be certified by accredited certification bodies to be sold under the …
Read MoreThe Singapore Exchange (SGX) is undertaking a consultation on amendments to its Listing Rules to align them with the amended Companies Act passed in October 2014.
The Listing Rule changes will be able to send companies to send company notices …
Read MoreThe Best Practice Principles for Shareholder Voting Research have improved transparency, so issuers and investors can better understand the work of proxy information providers and advisers, according to the EU’s European Securities and Markets Authority (ESMA).
However, the ESMA believes …
Read MoreThe Financial Reporting Council is seeking to achieve more transparent and consistent reporting on the Stewardship Code by investment managers.
The Code was introduced in 2010 following the recommendations of The Walker Review and sets out a number of areas …
Read MoreThe chairman and chief executive of Brazilian investment bank, BTG Pactual, Andre Santos Esteves, has been forced to resign following his arrest amid accusations of bribery.
According to press reports, Esteves was accused of allegedly conspiring with Delcidio Amaral, …
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