Diversity

EU Lawmakers outline new board diversity regulations


June 10, 2022

EU-listed companies to have at least 40% of their non-executive director positions held by women by 2026

New board diversity requirements have been outlined by the European Council and European …

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Due Diligence

Civil society groups call for stronger corporate sustainability due diligence


May 27, 2022

Following the European Commission’s proposal for a directive on Corporate Sustainability Due Diligence, over 220 civil society groups have signed a joint statement calling for the proposal …

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SEC forms climate and ESG taskforce

SEC fines BNY Mellon over false ESG statements


May 27, 2022

On May 23rd, 2022, The Securities and Exchange Commission (SEC) charged BNY Mellon Investment Advisor, Inc. for misstatements and omissions about ESG considerations in undertaking investment decisions for mutual …

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EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

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Vale

SEC charges Brazilian mining company over safety claims

May 6, 2022


The charges follow the deadly Brumadinho dam collapse in January 2019. 

The Securities and Exchange Commission (SEC) has charged Brazilian mining company Vale S.A. with making “false and misleading” …

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StanChart boss pay slashed 29%

Standard Chartered fined record £46.55m by PRA


April 29, 2022

UK regulatory body the Prudential Regulation Authority (PRA) has issued Standard Chartered Bank with a £46.55 million …

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FCA Sustainability

FCA finalises rules on board diversity for listed companies


April 22, 2022

Firms to disclose evidence of meeting diversity targets or explain the failure to comply.

UK regulator the Financial Conduct Authority (FCA) has finalised rules that will mandate regulated, …

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Netherlands Dutch C

Netherlands to overhaul corporate governance code


8 April, 2022

The Netherlands is currently consulting on changes to its corporate governance code, including plans to better integrate ESG factors.

The country’s Corporate Governance Code Monitoring Committee is seeking input on updates …

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Russian investment

Pension funds exiting Russian investments


March 11, 2022

Pension funds and asset owners around the world are taking steps to reduce or divest their holdings in Russian securities.

In the US, the Washington State Investment Board, Missouri’s Public School and …

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SMEs

Governance body flags issues with EC SME listing rules


February 25, 2022

The International Corporate Governance Network (ICGN) has raised concerns about the European Commission’s (EC) plan to improve access to financing for small and medium-sized enterprises (SMEs).

The commission …

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