The US Senate has revealed its proposals to overhaul the American financial system through Senator Christopher Dodd’s “Restoring American Financial Stability Act of 2010”.

Across 1,336 pages the Bill outlines a series of remedies which it states will end “too …

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The European Commission has published a table detailing implementation of the Shareholder Rights Directive by the 27 member states (along with other directives). Member states were required to bring into force the laws, regulations and administrative provisions necessary to comply …

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The NASDAQ Hearing and Listing Review Council is soliciting comments from companies, investors and other interested parties about whether it should adopt a “Comply or Explain” approach to corporate governance practices similar to that used in a number of non-U.S. …

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In December 2007, ASIC commenced civil penalty proceedings in the Supreme Court of Victoria against six former directors and officers of AWB Ltd, the ex-ASX 100 constituent. The trial against the former CEO, Andrew Lindberg began in the Victorian Courts …

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The UAE is paving the way for a tougher regulatory regime according to Emirates regulatory affiars officer Maryam al Suwaidi. Speaking at the First Abu Dhabi Corporate Governance Conference on Wednesday, al Suwaidi said that the Emirates Securities and Commodities …

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As G20 leaders convene in the USA this week, the European Commission has announced its plans to create a tougher financial regulation framework for EU member states. “This European system can also inspire a global one and we will argue …

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Shareholder activism in Indian companies is a relative rarity in comparison to what is now considered the norm in developed countries. The Securities and Exchange Board of India (SEBI), the capital market regulator in India, believes its domestic mutual funds …

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In Australia, litigation funding arrangements have not previously been considered to be managed investment schemes – however class action funders are now being forced to review procedures. According to Allens Arthur Robinson, the 2-1 majority decision by Australia’s Federal Court …

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The Auditing Practice Board has published 137 responses to its consultation on audit firms providing non-audit services to listed companies that they audit. A consistent theme in may of the responses is a call for further transparency in disclosures in …

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In a 4-1 vote, the Securities and Exchange Commission has approved a series of governance reforms designed to “help investors make more informed voting decisions.” As from 28 February 2010 investors will not only know a great deal more about …

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