Tag Archives: corporate governance

UK: board diversity report and updated executive search code

The Parker Review Committee has published its final report into the ethnic diversity of UK boards. The final recommendations are substantively the same as those published in a 2016 consultation draft. The final report recommends that there should be at … Continue reading

Leave a Comment

Filed under Jurisdiction: UK, Workplace culture, diversity and discrimination (including bullying and harassment)

UK: Government sets out corporate governance reforms

The Department for Business, Energy and Industrial Strategy (BEIS) has published its response paper on UK corporate governance reform. The response paper follows the green paper which it published in November 2016 seeking views on reform measures.

Leave a Comment

Filed under Industrial/workplace relations, collective bargaining, works councils, Jurisdiction: UK, Remuneration (including bonus and incentive plans)

UK: Employees in the boardroom – learning the lessons of Bullock

The last half of 2016 saw a number of developments in the corporate governance field, kicked off by Theresa May's leadership campaign speech and followed by a Select Committee inquiry and government consultation. One of the key proposals was to … Continue reading

Leave a Comment

Filed under Jurisdiction: UK

UK: Government announcements – workers’ rights post Brexit, employee representation on boards, employment of foreign workers, and review of modern employment practices

At the Conservative Party conference, Theresa May announced plans to repeal the 1972 European Communities Act, which gives direct effect to EU law in the UK, and to transpose all existing EU laws into domestic legislation. She also promised that … Continue reading

Leave a Comment

Filed under Employment status (including agency workers, casual workers, use of contractors and 'dispatch' arrangements), International mobility (including secondments, migrant workers, territorial jurisdiction), Jurisdiction: UK, Remuneration (including bonus and incentive plans), Workplace culture, diversity and discrimination (including bullying and harassment)

UK: BIS Select Committee launches Corporate Governance Inquiry

The Business, Innovation and Skills ("BIS") Select Committee announced on Friday that it is launching an inquiry into corporate governance, focussing on executive pay, directors duties and boardroom composition, including employee representation and increasing the number of women in executive … Continue reading

Leave a Comment

Filed under Remuneration (including bonus and incentive plans)

UK: Updates to the GC100 and investor group guidance on remuneration reporting

The GC100 and Investor Group has published a revised version of its guidance on directors’ remuneration reports and policies, which all UK incorporated companies listed on the LSE, in any EEA state or on NYSE or NASDAQ are required to … Continue reading

Leave a Comment

Filed under Remuneration (including bonus and incentive plans)

UK: Senior Managers, Certification and Conduct Rules – a new regulatory regime for individuals in banking

The final report of the Parliamentary Committee on Banking Standards criticised not just the "firewall of accountability" around senior individuals within banks but also the regime designed to regulate them.

Leave a Comment

Filed under Jurisdiction: UK

UK: Women on Boards: Voluntary Code for Executive Search Firms – March 2014 Review

In a review of the Voluntary Code of Conduct for Executive Search firms, published on 4 March 2014, Charlotte Sweeney considers whether the Code continues to have a positive impact on the board recruitment process and makes recommendations to improve … Continue reading

Leave a Comment

Filed under Jurisdiction: UK, Workplace culture, diversity and discrimination (including bullying and harassment)

UK: Board diversity – Cranfield board diversity progress report published

Cranfield School of Management has published its latest report on Women on Boards. As well as setting out the most recent figures for the percentage of women holding directorships amongst the FTSE 350, the report includes details on how FTSE … Continue reading

Leave a Comment

Filed under Jurisdiction: UK, Workplace culture, diversity and discrimination (including bullying and harassment)

UK: Directors’ Remuneration Reports – comprehensive overview of the new regime

Paul Ellerman, Mark Ife and Jemima Coleman explain the new regime for disclosure and shareholder approval of directors' remuneration for listed companies in this article, first published in the October 2013 edition of PLC Magazine.  The new regime applies to … Continue reading

Leave a Comment

Filed under Jurisdiction: UK, Remuneration (including bonus and incentive plans)