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Tim PageAmendments to the UK Corporate Governance Code
Read moreThe 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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Tim PageThe Economic Crime and Corporate Transparency Act (the Act) new failure to prevent fraud offence
Read moreThe 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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Tim PageThe Economic Crime and Corporate Transparency Act Changes at Companies House
Read moreThe new Economic Crime and Corporate Transparency Act introduces significant changes to support Companies House combat fraud, enhance corporate transparency, and strengthen identity verification for directors. This will help to protect legitimate businesses and prevent money laundering activities. Read how these changes may affect your company.
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Tim PageMinute writing – an underestimated skill?
Read moreBoard minutes are an important management tool to ensure board decisions are clearly understood so they can be properly implemented. The skill of writing good minutes can be underestimated, however, which can lead to them not being given enough attention or resource.
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Tim PageUK Corporate Governance Code consultation
Read moreThe consultation document on the UK
Corporate Governance Code has now been published. What do you need to know? -
Tim PageAll risk, no reward
Read moreThe 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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Tim PageTime to speak up
Read moreThe 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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Tim PageCompanies House reforms
Read moreBig changes lie ahead for Companies House which will alter the very nature and function of the registry from being a relatively passive recipient and holder of information, to becoming an active verifier and gatekeeper of corporate data.
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Tim PageFair weather friends
Read moreShould the mismatch be reconsidered between the emphasis placed upon stakeholder interests in company law and the near complete absence of such factors under insolvency conditions?
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Tim PageRestoring trust in audit and corporate governance: what you need to know
Read moreWhat can boards do to prepare for incoming changes to audit, corporate reporting and governance systems?
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