New Internal Audit Code will help businesses better manage risk
The Chartered Institute of Internal Auditors has just published a new code to increase the effectiveness of internal audit functions. The Internal Audit Code of Practice will strengthen corporate governance following a series of high-profile collapses linked to governance deficiencies, including Carillion.
New Guidance for Risk Committees and Risk Functions Published
The Risk Coalition, a newly created association of the UK’s leading professional membership bodies, has recently published its ‘Raising the Bar’ principles-based guidance for board risk committees and risk functions in the UK financial services sector
The Annual Review of the Corporate Governance Code
This year’s ‘Annual Review of the Corporate Governance Code’ published by the Financial Reporting Council shows that many large listed companies are still just ‘ticking boxes’ to comply while failing to improve corporate culture, embed diversity effectively and also consider the impact and views of shareholders and the wider community.
FINANCING OUR FUTURE
The report sets out actions to deliver a global sustainable financial system, with recommendations for all parts of the investment chain. The report was updated in December 2019 to reflect the actions and momentum that has built in the financial system since the report was first released.
QCA Research Report: Corporate Governance on AIM
In September 2018, London Stock Exchange required all companies on AIM to adopt a corporate governance code for the first time. Of the 900+ companies on the market, around 90% chose to adopt the Quoted Companies Alliance (‘QCA’) Corporate Governance Code (the QCA Code).
The CEO Guide to Boards
Building a strong board of directors never seems to get easier. High-profile board failures, the boom in activist investing, and the disruptive forces
of technology are only a few of the reasons effective board governance is becoming more important.
Lead From the Top: How to build a sustainability competent board
Sustainability risks—including climate change, water crises, human rights and inequality—are creating new challenges for board members to meet their fiduciary responsibilities and ensure long-term shareholder success and overall value creation.
How the CMA investigates cartels
Those involved in cartels will often go to great lengths to ensure they go undetected. In this article CMA will provide some insights into what tools and techniques they use during the different stages of the investigation to uncover and expose suspicious behaviour.