The draft Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 (Draft Regulations) have been published as part of the drive to encourage long-term shareholder engagement and to strengthen the governance and performance of traded companies. The Draft Regulations implement the
Down the Wire
The latest news on law and regulation in the capital markets
Down the Wire, published by Squire Patton Boggs, covers legal developments and insights primarily related to corporate governance, mergers and acquisitions, shareholder rights, and regulatory compliance. The blog addresses topics such as corporate sustainability disclosures, appraisal disputes in corporate reorganizations, proxy voting guidelines, and cross-border corporate transformations. It also discusses evolving standards in public policy, financial regulation, and governance codes affecting companies and investors. The content reflects the firm's expertise in corporate law, finance, dispute resolution, and regulatory frameworks, providing updates on legal reforms and practical implications for businesses and stakeholders.
Latest from Down the Wire - Page 5
Investment Association ‘Red-Top’ for 2019 AGM Season
The Investment Association has announced that it will target pension perks and poor diversity in the 2019 AGM season.…
Redeeming the Irredeemable
The Investment Association has published guidelines concerning the redemption or cancellation of irredeemable preference shares. The aim of the guidelines, which are of general application to listed companies, is to promote market confidence in irredeemable preference shares as an asset class and avoid…
PLSA Corporate Governance Policy and Voting Guidelines 2019
Introduction
The Pensions and Lifetime Savings Association (“PLSA”), representing the occupational pensions industry, has published guidance on market best practice to assist its members when exercising their vote at AGMs in 2019. The revised version of its Corporate Governance Policy…
Audit Committees and Audit Quality: Guidance from IOSCO
The International Organisation of Securities Commissions (IOSCO), being the leading international policy forum for securities regulators which focuses on the quality of financial reports and good corporate governance, has published a report on good practices for audit committees of listed companies in supporting…
Revised Guidance on Directors’ Remuneration Reporting
By Andrew Glaze
The GC 100 and Investor Group have updated their directors’ remuneration reporting guidance 2018 to reflect the changes to reporting requirements (under Schedule 8 to the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 (as amended)) introduced by the…
Investment Association’s Principles of Remuneration for 2019 AGM Season
The Investment Association has published a revised version of its Principles of Remuneration for the 2019 AGM season, most of the changes reflecting the new UK Corporate Governance Code.
Colleagues in the Squire Patton Boggs Tax Strategy and Benefits practice…
New Emissions, Energy Consumption and Energy Efficiency Reporting for 2019
By Andrew Glaze
The government has published the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018. The regulations amend the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 and the Limited Liability Partnerships (Accounts…
Directors’ Duties: Guidance From GC100
The GC100, being the association of general counsel and company secretaries working in UK FTSE 100 companies, has issued guidance on the practical interpretation of section 172 of the Companies Act 2006. This section imposes a general duty on directors to act,…
ISS Proposes Changes to Benchmark Policy Regarding Auditors
The Institutional Shareholder Services (ISS) has stated that recent high-profile corporate failures and accounting scandals have raised investors’ concerns about the efficacy of financial statements and the need for improved audit quality and stronger boardroom oversight.
Against this backdrop, ISS has published its 2019…