Governance advisory

  • Feb222024

    Guidance to the UK Corporate Governance Code 2024

    In the second Indigo INSIGHT in our series addressing changes to the UK Corporate Governance Code, we look at the guidance released by the FRC to support boards and their advisors in implementing the changes. The new Guidance offers helpful detailed advice and examples. The Guidance, published alongside the Code, aims to clarify principles and stimulate discussion for effective decision-making, within the familiar ‘comply or explain’ regime. The Code will apply to financial years starting on or after 1 January 2025.

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  • Feb202024

    Note taking in Meetings

    The effective minuting of meetings is a deceptively challenging and time-consuming task, but one that is invaluable to boards and far more than an administrative formality. In our latest indigo INSIGHT, drawing upon the results of a recent LinkedIn poll, we consider the merits of different methods of in-meeting note taking, including on-the-spot typing, the use of recordings as well as traditional pen and paper.

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  • Feb152024

    Amendments to the UK Corporate Governance Code

    The FRC have announced revisions to the UK Corporate Governance Code to enhance transparency and accountability for UK public limited companies, aiming to foster growth and competitiveness and attract investment. Key changes include clarifying reporting focus on board decisions, promoting diversity, strengthening risk management and introducing malus and clawback clauses in directors’ contracts. The revised Code will come into effect for financial years starting on or after 1 January 2025.

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  • Jan082024

    The Economic Crime and Corporate Transparency Act (the Act) new failure to prevent fraud offence

    The Economic Crime and Corporate Transparency Act introduced a new corporate offence (s199) – ‘failure to prevent fraud’. The offence, targeting large organisations, aims to protect victims, improve corporate culture, and could result in severe penalties, including an unlimited fine. Boards are advised to act now to ensure they have ‘reasonable procedures’ in place to mitigate fraud risks and provide them with a defence if necessary.

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  • May252023

    UK Corporate Governance Code consultation

    The consultation document on the UK
    Corporate Governance Code has now been published. What do you need to know?

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  • May042023

    Not finished yet

    Although the FTSE Women Leaders Review has reported real progress on targets to achieve female representation on boards, smaller listed companies still have a long way to go.

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  • Mar082023

    Gender diversity; an opportunity for AIM-listed firms

    On International Women’s Day 2023, Indigo is proud to join forces with Addidat, the leading provider of ESG benchmark data for the London Stock Exchange AIM market, to review women on boards and gender pay gap data for AIM listed companies, and to look at the benefits of improving diversity on these boards.

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  • Mar072023

    All risk, no reward

    The role of a NED comes with significant responsibility and risk, raising the question of whether they are being appropriately remunerated for their endeavours.

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  • Dec192022

    Comply or explain

    Is shareholder engagement working effectively or is the approach often still too formulaic and lacking meaningful dialogue?

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  • Nov032022

    Time to speak up

    The increasing number and complexity of issues for which boards are accountable is leading to an increased reliance on the insights provided by governance professionals.

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