The Financial Reporting Council has welcomed the recommendations of The Walker Report and confirmed its committment taking ownership of the proposed Stewardship Code, subject to consultation.
The FRC is set to issue a report on its own review of the …
Read MoreIt’s interesting to compare and contrast the approach taken by securities regulators in relation to complaints and investigations. Last week the Swiss regulator, SIX Exchange Regulation, announced that it had begun an investigation into possible breaches of the Directive on …
Read MoreAccording to the Chinese calendar, 2010 will be the Year of the Tiger. It will also be the “the year of regulation” for the financial world. Adding to the reading pile is US Senate Banking Committee Chairman Chris Dodd’s mammoth …
Read MoreThe SEC has reaffirmed its commitment to reform the US proxy voting system. In a speech to Chicago’s Northwestern University School of Law on October 2nd Commissioner Elisse B. Walter outlined the SEC’s position on the mechanics of shareholder voting: …
Read MoreThe report of the High Court Inspector into the affairs of DCC plc, S&L Investments Limited and Lotus Green Limited was published by order of the Court this week.
The main events (previously covered in Manifest’s Agenda newsletter) preceding the …
Read MoreThere’s no small irony that Lloyds Banking Group will be asking 2.8 million private shareholders to back its £13.5 billion fundraising, the biggest deal of its kind in UK history, on the same day that Sir David Walker makes his …
Read MoreUS president Barack Obama took his fight for financial reform to the heart of Wall Street this week and described the role of shareholders as “the last key component”.
As the US administration faces up to a tough fight in …
Read MoreEuropeanIssuers, the pan-European organisation representing listed companies across Europe, has reminded the European Commission (EC) about the need for fee transparency amongst custodians.
The Brussels-based industry body, representing issuers in over 14 countries counting together some 9,200 listed companies with …
Read MoreThe Takeover Panel has initiated a consultation on the Takeover Code. The Panel indicated that the decision to undertake the consultation was made in the light of recent commentary and public discussion, and suggestions for consideration from the Secretary of …
Read MoreThe European Commission has recently announced it intends to initiate processes for taking action against EU Member States over implementation of the Shareholders Rights Directive (SRD). The Directive, which was passed in 2007, establishes Europe-wide principles for ensuring certain basic …
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