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. 

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.

The Financial Reporting Lab has released its latest Newsletter for Q4 2019.

On Wednesday 16 October 2019, the Non-Executive Directors’ Association (‘NEDA’) and Smith & Williamson hosted the annual NED Debate, in association with Company Matters (part of the Link Group).

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 FRC’s Chief Executive, Sir Jon Thompson, has called on Audit Committee Chairs and Finance Directors to consider the FRC’s view on key matters as they prepare for the 2019/20 financial reporting season.

The Managing Partners’ Forum, in partnership with the Non-Executive Directors' Association (NEDA), is campaigning for suitable leaders and HR professionals to be appointed to Boards and ExCos.

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.

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.

On Wednesday 16 October 2019, the Non-Executive Directors’ Association (‘NEDA’) and Smith & Williamson hosted the annual NED Debate, in association with Company Matters (part of the Link Group).

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.

The Non-Executive Director Awards, now in their fourteenth year, recognise the achievements of Non-Executive Directors within the business and not-for-profit community. NEDA worked with Peel Hunt to establish the Awards and has been a lead sponsor of the event for each year since 2006.

The exercise, commissioned by the Cross Market Operational Resilience Group jointly chaired by the Bank and UK Finance, explored the sector’s resilience to a major cyber incident impacting the UK.