The Shareholder Communications Coalition sent a letter to the Securities and Exchange Commission on Friday, April 24, 2009 in response to a recent article in the Wall Street Journal which suggested that the Commission may approve an amendment to New …

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FairPensions, the UK-based campaign for responsible investment has published its 3rd annual survey of pension funds and their ESG arrangements.

The headline findings are that although major UK pension funds are now acknowledging the potential of ‘non-financial’ issues to affect …

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The EU has taken another step forward in its financial services reform agenda and launched a consultation on the harmonisation of the legal framework surrounding securities transactions and share holding functions.

European finance and economy ministers (ECOFIN) have …

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Belgium has announced an update to its 2004 comply or explain corporate governance code. The new code attempts to deal with some of the issues flagged up by the current economic crisis with a particular emphasis on  say on pay …

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Last week the European Sustainable Investment Forum, Eurosif, published a Public Policy Position Paper on Sustainable and Responsible Investment . It calls upon the European Commission to adopt measures facilitating the exercise of shareholder rights and transparency.

Haven’t we …

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The Philippine Stock Exchange (PSE) is urging shareholders to take advantage of the upcoming AGM season to assert their rights and to “not wait until they have been trampled on”.

PSE director and co-chair of the recently established corporate governance …

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Voting at Finnish companies is set to get a whole lot easier following an announcement from the Finnish government which will see Finnish company law brought into line with the EU Shareholder Rights Directive. Now that the contents of  the …

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US Treasury Secretary Tim Geithner’s recently announced proposals for US recovery have attracted extreme criticism in many quarters for failing to address the issue of Fair Value Accounting.  Alex Pollock of  the Washington-based American Enterprise Institute and a long-standing critic …

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Manifest has written to the SEC in support of rule changes designed to eliminate uninstructed broker votes being used at director elections. The New York Stock Exchange had recently filed a request with the SEC to change Rule 452 which …

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The UK’s audit watchdog, the Auditing Practices Board (APB) has issued its latest consultation paper with a view to updating its ethical guidelines on the vexed issue issue of auditor consultancy services.

In the UK regulatory construct, the audit is …

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