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World Economic Forum: Trudeau calls for firms to address the gender gap

Justin Trudeau, prime minister of Canada, speaking at the World Economic Forum annual meeting in Davos, called for global firms to address the gender gap.

Trudeau, highlighted the increasing demands for businesses to play a positive role in society,

Nigeria: More companies pass corporate governance rating test

Nigeria’s Corporate Governance Rating System (CGRS) has announced that 25 companies successfully passed its rating test joining the eight firms that retained their rating from the CGRS pilot in 2014. This brought the total number of companies that reached the

World Economic Forum: Companies make sustainability commitments

Global companies attending the World Economic Forum (WEF) annual meeting in Davos have made sustainability commitments on recycling and renewable energy.

The Ellen MacArthur Foundation, which is campaigning for a circular economy in the use of materials, announced in …

Malaysia: Progress on getting women on top company boards

Malaysia is close to achieving its target of getting women on the boards of all of its top 100 companies its Securities Commission (SC) has announced.

When the Malaysian code on corporate governance (MCCG) was published in April last year…

BlackRock: Renewed commitment to investor stewardship role

Larry Fink, chairman and chief executive of BlackRock, has stated his commitment to the role of the global investment giant as a steward for the companies in which it invests in his annual letter to chief executives.

As a …

Code round-up: Singapore consults on revised governance code

Singapore’s corporate governance council, which was established by the Monetary Authority of Singapore in February 2017, is consulting on a revised corporate governance code for the country which it is hoped will strengthen investor confidence in its capital markets.…

Regulatory updates: Hong Kong to strengthen auditor oversight

Hong Kong’s Financial Reporting Council (FRC) has welcomed the governments plans to strengthen auditor oversight in Hong Kong.

The Financial Reporting Council (Amendment) Bill 2018, will be introduced into the Legislative Council of Hong Kong for its first reading …

Carillion collapse – early warning flags ignored?

The collapse of Carillion raises concerns not only about corporate governance at the firm and KPMG’s audit, but also how the directors were able to get changes to their pay passed the vote. Speaking in The Guardian on Saturday (20-Jan-18), …

Manifest releases 2018 voting policy guidelines

Manifest has released its 2018 voting policy guidelines to clients and announced changes to its research reports to reflect the latest global governance and sustainability developments. AGM reports will now provide more detail on board diversity and pay ratios while …

UK’s Financial Reporting Council: stakeholders call for more transparency

The UK’s Financial Reporting Council (FRC) has published the findings of a survey of its stakeholders in which many call for more transparency in its internal processes and state that its current enforcement activities are too slow.

The FRC said …