The US has moved a step closer to a national stewardship and governance code with the launch of the Investor Stewardship Group. The signatories and supporters of the $17 trillion group are now urging all institutional investors to join …
Read More
The Insurance Regulatory and Development Authority of India (IRDAI) has published a draft stewardship code for insurers in their role as institutional investors managing funds on behalf of policyholders.
The IRDAI said: “Considering the fiduciary role played by the …
Read More
The Financial Reporting Council (FRC) has said it is ready to make further changes to the UK’s corporate governance code to reflect concerns about the role of companies within society and to improve public trust in its annual report, Developments …
Read More
The UK’s Financial Reporting Council (FRC) has revealed its first Stewardship Code tiering. For the first time, asset manager laggards have been threatened with de-listing; those in the lower tier 3 have been six months to improve.
There are
…
Read More
Responsible investment advocates have welcomed the government’s Local Government Pension Scheme guidance which provides a less prescriptive framework for investing as part of the requirement for local authorities to prepare their own investment strategy statement.
The guidance is to enable …
Read More
A group of 13 US and Canadian fund managers, pension funds and company bosses have taken the unprecedented step of endorsing a set of corporate governance principles in a bid to quell rising unease and conflict around US governance standards.…
Read MoreTaiwan’s Financial Supervisory Commission has published the Securities and Futures Institute’s second evaluation of Taiwan’s 5-year Corporate Governance Roadmap published in December 2013. This is an assessment of the corporate governance of 1,447 companies in 2015 – made up of …
Read MoreCompliance with the UK Corporate Governance Code remains high,with 90 per cent of the FTSE 350 complying with all but one or two provisions, according to the Financial Reporting Council (FRC) in its report, Developments in Corporate Governance and Stewardship …
Read MoreThe Financial Reporting Council is seeking to achieve more transparent and consistent reporting on the Stewardship Code by investment managers.
The Code was introduced in 2010 following the recommendations of The Walker Review and sets out a number of areas …
Read More