The London Stock Exchange has confirmed that it has strengthened the corporate governance requirements for AIM companies from the 28th September this year with new entrants to the market having to comply with the rule from the end of March …
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National corporate governance codes need to be adapted to take account of the challenges that exist when companies have dominant shareholders or small groups of shareholders collectively have a dominant share of the total shareholder vote according to a survey …
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The Institute of Directors (IoD) has called for tougher rules on executive pay, including greater transparency over the effect of share buy-backs, in its response to the Financial Reporting Council’s (FRC) consultation on the revised UK corporate governance code.
The …
Read MoreThe US central bank, the Federal Reserve, which regulates the country’s financial institutions, has restricted the growth of Wells Fargo following “recent and widespread consumer abuses and other compliance breakdowns”. The restriction on the bank is to continue “until …
Read MoreThe Labour Party has criticised the UK government’s choice of chair for its coalition group that will be developing corporate governance principles for private companies. James Wates CBE, chairman of Wates, a family-owned construction firm, chaired the first meeting …
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Nigeria’s Corporate Governance Rating System (CGRS) has announced that 25 companies successfully passed its rating test joining the eight firms that retained their rating from the CGRS pilot in 2014. This brought the total number of companies that reached the
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Singapore’s corporate governance council, which was established by the Monetary Authority of Singapore in February 2017, is consulting on a revised corporate governance code for the country which it is hoped will strengthen investor confidence in its capital markets.…
Read MoreThe collapse of Carillion raises concerns not only about corporate governance at the firm and KPMG’s audit, but also how the directors were able to get changes to their pay passed the vote. Speaking in The Guardian on Saturday (20-Jan-18), …
Read MoreIn the opening remarks of his New Year press conference South Korea’s President, Moon Jae-in promised to push for corporate governance reform through the introduction of a stewardship code and improvements in shareholders’ voting rights.
He admitted that the …
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