Recent additions to Corporate Notes

24 September, 2021
Recent additions to our Corporate Notes blog include a look at the FRC Lab report on viability and going concern disclosures and the new offences and sanctions for companies with defined benefit schemes under the Pension Schemes Act 2021. FRC Lab Report – Viability and going concern disclosures. The Pension Schemes Act 2021 – New … Read more

Pensions – new offences and sanctions for companies with defined benefit schemes

24 September, 2021
The Pension Schemes Act 2021, which comes into force on 1 October 2021, will introduce new criminal offences and financial penalties, and two new contribution notice triggers, where a company or group has a defined benefit occupational pension scheme (DB scheme). The government is also consulting on extending the pensions notification requirements. Criminal offences and sanctions The new … Read more

Corporate reporting – FRC Lab report on viability and going concern disclosures

24 September, 2021
The Financial Reporting Lab of the Financial Reporting Council (FRC) has published a thematic review of companies’ viability and going concern disclosures, highlighting areas for improvement and offering examples of best practice. The review follows the FRC’s previous reports on going concern, risk and viability issues published in June 2020 (see our blog post here) and October 2020 … Read more

Corporate Governance: EP3 – Reporting on stakeholders, decisions and section 172 statements

16 September, 2021
In this corporate governance podcast, we discuss the FRC Financial Reporting Lab’s recent report on stakeholders, decisions and Section 172 statements with Phil Fitzgerald, Director of the Financial Reporting Lab, and Marie Claire Tabone, Project Manager of the Financial Reporting Lab. The report sets out investors’ expectations in relation to disclosures on stakeholders, the impact … Read more

Our new legal privilege client tool

15 September, 2021
Herbert Smith Freehills has developed a new web-based app to help in-house counsel quickly navigate the complexities in determining which documents are likely to be privileged, or not. CLICK HERE TO LAUNCH THE TOOL The “English Law Legal Privilege” web app allows clients to quickly access the information they need both on their mobile phones … Read more

Recent additions to Corporate Notes

10 September, 2021
Recent additions to our Corporate Notes blog include a look at the FCA consultation on diversity-related disclosures by listed companies, the final SPACs rules published by the FCA and the FRC reports on risks, uncertainties, opportunities and scenarios, and thematic review on streamlined energy and carbon reporting. Diversity-related disclosures by listed companies – FCA consultation … Read more

Corporate reporting – FRC reports on risks and opportunities, and streamlined energy and carbon reporting

10 September, 2021
The Financial Reporting Lab of the Financial Reporting Council (FRC) has published a report on risks, uncertainties, opportunities and scenarios and the FRC has published a thematic review on streamlined energy and carbon reporting.  Risks, uncertainties, opportunities and scenarios The Lab report on risks, uncertainties, opportunities and scenarios sets out investors’ expectations in relation to reporting in these … Read more

FCA consultation on diversity-related disclosures by listed companies

29 July, 2021
The Financial Conduct Authority (FCA) has published a consultation paper (CP21/24) on proposals to require premium and standard listed companies to make disclosures in relation to gender and ethnic diversity at board and executive management level. The consultation follows the publication earlier this year of the five year summary report of the Hampton-Alexander Review on … Read more