Just to illustrate the impact of the reformed broker voting rules in the USA, it’s interesting to look at Bank of America’s proxy votes results which were released to the SEC on Friday, 7th August.
Last month, the SEC voted …
Read MoreJudging by this week’s crop of enforcement stories, the US securities regulator, The Securities & Exchange Commission appears to be relaunching itself with renewed vigour. The week of August 3rd to 7th is probably going to go down in history …
Read MoreWelcome news this week about Japanese corporate governance developments from Washington-DC based Council of Institutional Investors. Jonathan Urick, CII’s international governance policy co-ordiantor met with Makoto Seta and Toshiya Otsu of the Japanese Financial Services Agency (FSA) to discuss their …
Read MoreAustralia’s Business Day has reported that The Australian Securities and Investments Commission (‘ASIC’) wants seven former non-executive directors and three former executives at James Hardie banned from company directorships for at least five years each and fined a total of …
Read MoreThe UK’s corporate governance regulator, the Financial Reporting Council (FRC) has today published a progress report on its review of the Combined Code on Corporate Governance, which it kicked off in March 2009.
The report summarises the results of the …
Read MoreAny choral singer will be familiar with the concept: a choir singing an acapella section will often naturally go ‘flat and lose pitch’, only to have to painfully re-adjust pitch when the orchestra joins in. Conversely, if the orchestra were …
Read MoreThe Investors Working Group, a bi-partisan panel of experts created in February 2009 by the Council of Institutional Investors and the CFA Institute Centre for Financial Market Integrity, has released its recommendations for reform and modernisation of the US financial …
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