The Financial Reporting Council (FRC), the UK’s corporate governance regulator, wants to hear from institutional investors in the UK and overseas about its proposals for a new “Stewardship Code” aimed at creating best practice principles for investors when engaging with …
Read MoreThe FRC has published its Fourth Progress Report on the implementation of the MPG recommendations on promoting choice in the UK audit market. In October 2007, the MPG published 15 recommendations intended to allow the audit market to work
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The Iraqi Stock Exchange (ISX) is making preparations to launch a corporate governance project and to create an online trading presence, the executive director of the stock market has announced. “A corporate governance project will be carried out through appropriate …
Read MoreThe 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 …
Read MoreThe 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 …
Read MoreIn 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 …
Read MoreThe 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 …
Read MoreAs 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 …
Read MoreShareholder 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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