The Securities and Exchange Commission of Pakistan (SECP) is consulting on a corporate governance code for the country’s listed companies which have been issued as draft regulations under the recently passed Companies Act 2017.
The SECP said the Listed Companies …
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The UK’s Financial Reporting Council (FRC) has begun a consultation on amendments to its guidance on the strategic report which aims to improve non-financial reporting by companies. The guidance was originally issued in 2014 when strategic reports were introduced.
The …
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AIM-listed Telit Communications has dismissed its chief executive, Oozi Cats, following the revelation that he had faced criminal charges and was on run from the US authorities. Yosi Fait, the financial director was appointed as interim chief executive.
Following …
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The quality of auditing of larger companies has improved after targeted work by the Financial Reporting Council (FRC) the regulator said. The FRC said the leadership of audit firms’ focus on, and investment in, improving audit quality, together with promoting …
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The UK’s Financial Conduct Authority (FCA) has launched a consultation on proposals to create a new category within its premium listing regime to cater for companies controlled by a shareholder that is a sovereign country.
Last February the FCA launched …
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Trade union bodies, the TUC and the GMB, commented that they would have liked more radical proposals from Matthew Taylor and his team in his Good Work report reviewing modern employment practices that were published last week.
The Taylor …
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The Interfaith Center on Corporate Responsibility (ICCR), a coalition of US institutional investors that engage companies on the environmental and social impacts of their operations, has urged US Senators not to pass the Financial CHOICE Act.
The ICCR sent …
Read MoreThe independent shareholders of Alphabet, Google’s parent company, overwhelmingly supported a shareholder resolution asking company management to recapitalise the share structure so that each share has one vote at its recent AGM (7th June).
The resolution was put forward
The UK’s Financial Conduct Authority (FCA) has proposed a series of changes to improve the governance of fund managers, to strengthen their duty to act in the best interests of investors and to use its senior managers regime to bring …
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