Hong Kong’s Financial Reporting Council (FRC) has welcomed the governments plans to strengthen auditor oversight in Hong Kong.
The Financial Reporting Council (Amendment) Bill 2018, will be introduced into the Legislative Council of Hong Kong for its first reading …
Read MoreThe Australian Competition and Consumer Commission (ACCC) is taking subsidiaries of pharmaceutical giants GlaxoSmithKline (GSK) and Novartis to court over misleading marketing of the Voltaren Osteo Gel and Voltaren Emulgel pain relieving gels.
It is alleged that both firms claimed …
Read More
UK pension fund trustees who want to fulfil their fiduciary duty should be able to implement their environmental, social and governance (ESG) policies and challenge their investment advisers on these issues according to The Pensions Regulator (TPR).
The regulator issued …
Read MoreThe UK’s Financial Reporting Council (FRC) is looking to improve audit committee reporting in respect of company disclosures in annual reports and how auditors report information to audit committees, Melanie McLaren, executive director, audit and actuarial regulation division said in …
Read MoreTruck manufacturer Scania, a subsidiary of Volkswagen, was the final truck manufacturer to be fined recently for being part of a cartel with five other firms by the European Commission. The other truck-makers settled with the Commission last year.
The European Bank for Reconstruction and Development (EBRD) is assisting the Croatian Financial Services Supervisory Agency (HANFA) and the Zagreb Stock Exchange (ZSE) to update and strengthen the country’s corporate governance code.
Croatia has had a code for companies listed …
Read MoreThe quality and quantity of dividend policy and practice disclosures have improved in the UK, according to a study conducted by the Financial Reporting Council’s (FRC) Financial Reporting Lab.
The study examined how companies had responded to the Lab’s earlier …
Read More