The AGM of Quintain Estates & Development plc, to be held on 9 September, will again include a separate resolution to approve the report of the Audit Committee. Furthermore, shareholders will be asked to vote on the re-election of the …
Read MoreThe FSA this week introduced a new code for remuneration practices at large banks, building societies and broker dealers in the UK. Not surprisingly, the FSA’s main objectives are to ensure that boards keep a tighter rein on the link …
Read MoreManagement buy-outs remain a key area of governance concern; the protection of the minority shareholders is of vital importance and constant vigilance is called for. Companies with a controlling shareholder in particular require an ever greater level of attention, especially …
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 MoreThe UK Government and Treasury has, perhaps not entirely surprisingly, warmly welcomed Sir David Walker’s proposals for the reform of the corporate governance of UK banks. At the same time, Lord Myners, the Financial Services Secretary to the Treasury has …
Read MoreSir David Walker’s review of the governance of UK banks, commissioned by Prime Minister Gordon Brown, has published 39 recommendations aimed at improving the governance of banks and other big financial institutions (BOFIs). The aim of the report was to …
Read MoreThe Bundesrat is expected to ratify Gesetz zur Angemessenheit der Vorstandsvergütung – VorstAG today, following its approval by the Bundestag on 18 June 2009. The new law will then come into effect upon its publication in the German Federal Law …
Read MoreThe LAPFF took their place in the governance history books today. Although they failed to come close to the super-majority needed to have their resolution calling for an independent chair passed, they have achieved a remarkable result. Taking into account …
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