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 …
Read MoreThe UK’s Serious Fraud Office (SFO) has charged the banking group Barclays and four former executives with conspiracy to commit fraud and unlawful financial assistance given to the Qatar government when it provided funding during the 2008 financial crisis. This …
Read MoreThe water sector regulator, Ofwat, has fined Thames Water the maximum automatic penalty it can of £8.55m for admitting in this year’s report and accounts that it will miss its leakage reduction targets for the first time 11 years. …
Read MoreThe US House of Representatives has passed the controversial Financial CHOICE Act despite strong lobbying against the legislation by institutional investors. The bill will now move to the Senate where its expected to face tough opposition.
The Council of Institutional …
Read MoreUkraine has adopted a long-awaited law which will improve the corporate governance of its joint stock companies (JSC) as well as the shareholder rights. Legal experts said that the changes will boost the prospects of foreign investment in Ukrainian companies …
Read MoreThe US Council Institutional Investors (CII) and individual institutional investors have voiced their continued opposition to the Financial CHOICE Act, which has been proposed and passed by the House of Representatives’ Financial Services Committee.
The CII and over …
Read MoreThe Pre-Emption Group has published a monitoring report looking at implementation of the 2015 Statement of Principles and the template resolutions. The principles relate to the when considering the case for disapplying pre-emption rights
Over the course of the year,
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