Following revelations that shareholders in Indian companies were being disadvantaged by private equity promoters SEBI, India’s Securities and Exchange Board is looking to cut down on unfair practices.
In a consultation to change to its Listing Rules SEBI said …
Read MoreThe US Council of Institutional of Investors (CII) has written to the House of Representatives’ Financial Services Committee objecting to a number of proposals in its Financial CHOICE Act – which has now been approved by committee.
This proposed law …
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The UK government will have the power to make, through regulations, the framework for gender pay gap reporting by companies with 250 or more employees when Section 78 of the Equality Act 2010 comes into force on 22nd August.
Section …
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The UK’s Financial Reporting Council (FRC) has launched two separate audit investigations,one into KPMG’s audit of HBOS in 2007 and secondly PricewaterhouseCoopers audit of BHS in 2014 – under its accountancy scheme which it allows it to take disciplinary action …
Read MoreMoves to regulate proxy research would undermine relationships with shareholders, compromise research integrity and eliminate competition say global investors.
Proposed regulation contradicts moves to improve objectivity in sell-side space.
The US House of Representatives’ Finance Services Committee last week …
Read MoreThe US Public Company Accounting Oversight Board (PCAOB) has announced that its rules to improve the transparency of the audit by disclosing the names of audit engagement partners, as well as information about other firms that participate in the audits, …
Read MoreAn international anti-corruption summit in London this week has led to an international communiqué in which countries have signed up to taking action to address corruption and reduce financial secrecy which hurts developing countries and their people. Participants also produced …
Read MoreShareSoc, which represents individual investors, raised concerns about the regulation of the AIM smaller company market at the recent London Stock Exchange (LSE) AGM. The organisation’s director, Mark Bentley, accused the LSE of failing in its function as operator and …
Read MoreThe 2016 AGM season started with major defeats for two FTSE100 companies. Last Thursday (14th April) oil giant BP and medical equipments supplier, Smith & Nephew saw their remuneration reports rejected by shareholders at their AGMs. At the BP AGM …
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