When the Financial Reporting Council (“FRC”) submitted a draft version of its new UK Corporate Governance Code for consultation in December 2017, they were so inundated with responses (275 individual responses and far in excess [...]
With former board and management facing MPs questions and an investigation by the Financial Conduct Authority, and auditors KPMG under Financial Reporting Council scrutiny for its work on the books, the collapse of Carillion plc [...]
Proposed changes to the UK Corporate Governance Code centre on hot-button issues like corporate culture, executive pay, diversity and shareholder engagement, incorporating suggestions made in the UK government’s plans for corporate governance reform and an [...]
On August 29, the UK Business Secretary Greg Clark has set out the British government's plans for corporate governance reform, which are intended to "enhance the public's trust in business". In the coming months, the [...]
British bankers may still have their bonuses revoked or reduced even after they’ve moved employment as part of new rules proposed last week by the Prudential Regulation Authority (“PRA”), the regulatory arm of the Bank [...]