Regulation Archives

Canada proposes guidance, not regulation, for proxy analysts

Canadian Securities Administrators (CSA), the umbrella organisation for Canada’s mosaic of markets regulators, is seeking feedback on its proposals for a policy on proxy advisory firms. “National Policy 25-201 Guidance for Proxy Advisory Firms” is the result of its …

EU Shareholder Rights Directive Part II

The European Commission has published its formal proposal for the much-leaked update to the 2007 Shareholder’s Rights Directive. It forms a part of the “road map” for the Commission’s 2012 company law and corporate governance action plan which is …

Manifest Publishes Global Regulatory Review

Manifest has this week published a Global Regulatory Review, keeping customers abreast of the latest developments in corporate governance and related disciplines around the world.

Global capital markets and investors expectations towards them have changed radically over the past 20

The trouble with proxy advisors….

Is that everyone loves to hate them but, investors at least, can’t actually do their jobs without them. If we didn’t exist we’d have to be invented. So, what’s to be done?

Yes, true, that …

Corporate Reporting: What do Companies and Investors Say on Sustainability?

Shareholders looking for a more joined up approach to corporate reporting have, hopefully, not much longer to wait after the introduction of the UK’s Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013

Business Minister Jo Swinson outlined the

UK Executive Pay Reform – The Albatross Has Landed!

Guest post by Damien Knight of MM&K

At last, ‘quoted companies’ (i.e. UK incorporated companies with a listing on a main exchange) are faced with the full reality of the UK Government’s new regime for directors’ remuneration reporting and binding …

Going Dutch on Shareholders Rights

Probably the most un-noticed consequence of the battle around the ill-fated Royal Bank of Scotland acquisition of ABN-AMRO has been the subsequent limitation of shareholders’ rights in the Netherlands.

At the start of July a number of significant amendments Dutch …

Taking the ‘action’ away from actionnaires…

The update of the corporate governance code for French listed companies published this month by AFEP/MEDEF has raised some telling questions about the governance of governance across the channel. Viewed against a backdrop of an agressive campaign on the part …

Switzerland and the Minder Initiative: What would Spiderman say?

The Swiss Federal Council recently published their “Proposal for an Ordinance against abusive remuneration practices” in response to the successful popular referendum on what has been dubbed the “Minder Initiative”. It is the first formal consultation stage ahead …

Sustainability disclosures – will regulation dilute the narrative?

Breaking new ground as the first country in the world to mandate disclosure of gross global emissions for the entire organisation in its annual report the UK government is pushing ahead with its business sustainability commitments and will, with effect …