Search Results for: UK Corporate Governance
FRC updates UK Corporate Governance Code
September 18th, 2014
FRC has issued an updated version of the UK Corporate Governance Code (the Code). This significantly enhances the quality of information investors receive about the long-term health and strategy of listed companies, and raises the bar for risk management. ...
The Association of Corporate Counsel Europe elects new president
October 5th, 2018
The Association of Corporate Counsel Europe (ACC Europe), serving over 2500 lawyers practicing in corporations and other organizations throughout Europe, has announced Hans Albers, chief of staff legal and associate general counsel, Juniper Networks, has been elected president of the ...
Grant Thornton UK fined £2.3m over audit failures
April 24th, 2017
Grant Thornton UK LLP (“GT”) and Robert Napper (a retired GT Partner) (together, the “Respondents”), have admitted Misconduct and agreed to fines and other sanctions. This follows the conclusion of the Financial Reporting Council’s (FRC) investigation relating to the ...
First US law firm to be licensed as ABS in UK
April 13th, 2015
The US firm has made its first UK hire and is going down the alternative business structure route. US law fim Cahill Gordon & Reindel has become the first US firm to be licensed as an Alternative Business Structure ...
Investigation of Mobily accounting errors key test of Saudi Arabia’s governance resolve
November 24th, 2014
An investigation into accounting irregularities at Saudi Arabia’s No 2 phone operator is shaping up as a key test of governance as the kingdom’s markets open up to foreign investment Shares in the Saudi phone operator Etihad Etisalat, also ...
Wide global divergence in corporate governance requirements
November 21st, 2014
Adequate and effective corporate governance (CG) is critical in supporting boards and management to navigate uncertainty in the international business arena. Yet, a joint study by ACCA Singapore and KPMG in Singapore reveals a wide divergence in CG requirements ...
Britain’s audit watchdog revises corporate governance code
September 17th, 2014
Britain’s audit and accounting watchdog has overhauled its corporate governance code for UK companies, it said on Wednesday, to make them safer for investors by giving more information about how they are run and an assessment of any potential ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
Culture in financial institutions: it’s everywhere and nowhere; FCA Chief Executive
March 16th, 2017
Highlights A firm’s culture emerges in large part from inputs that are its responsibility. It is for firms to ensure that their desired culture is consistent with appropriate conduct outcomes, to identify the drivers of behaviour within the firm ...
Rolls-Royce hires PwC for £5.9m audit
December 12th, 2016
PwC has picked up the audit contract for Rolls-Royce Holdings plc after a 16-year long audit relationship with Big Four rival KPMG This follows a formal tender process led by the company’s audit committee and board approval for the ...
