While the Financial Reporting Council’s (FRC) revised UK Corporate Governance Code is not as wide-ranging as originally expected, it has significantly increased boards’ responsibility for risk management oversight.
In addition, the code now requires governance reporting to Read more
For the first time in half a decade, the UK Corporate Governance Code is undergoing a significant transformation. The Code will provide extensive shifts in the responsibilities and obligations of larger organisations in the UK, leading to standards of Read more
High-impact threats such as climate change are moving up the agenda as board rooms reassess their priorities in light of the current pandemic, according to the World Economic Forum.
The influential body suggests that boards take six steps Read more
Integrated thinking is key to managing the crisis that has followed the spread of coronavirus around the globe, according the global body of professional accountants IFAC. That is particularly true of those in senior management and those charged with Read more
Boards, executive management and internal auditor departments are misaligned over a series of critical risks, according to a recent report – OnRisk 2020: A Guide to Understanding, Aligning, and Optimizing Risk – by the global industry body the Institute Read more
The Financial Reporting Council (FRC) published an updated UK Corporate Governance Code in July, which it says puts the relationships between companies, shareholders and stakeholders at the heart of long-term sustainable growth in the UK economy.
Updates to the Read more
Legislation looks set to come into force in 2020 which will compel the UK’s largest companies to publish and justify the pay ratios between their CEOs and workers. Its introduction was first announced by business secretary Greg Clark in Read more
“It is no longer business as usual,” Professor Mervyn King, chairman of the King Committee on Corporate Governance, said in a keynote presentation at the IRM’s Risk Leaders 2017 conference in London in November. Over 160 senior risk Read more
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