UK’s Takeover Panel annual report published

The UK’s Takeover Panel recently published its 2015-16 annual report. M&A activities in the period under review were similar to those seen in the preceding year according to the report. The report contains information about the work of the Panel during the year, including retrospective disclosure in relation to two letters of private censure and 26 guidance letters.… Read the rest

The Institute of Directors hopes framework will improve director quality

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With a backdrop of damning reports from MPs published  last week on the demise of the retailer BHS and on poor working practices at Sports Direct, which both identified weak corporate governance as partly to blame for company failures, the Institute of Directors (IoD) has launched its Director Competency Framework which it said sets out the knowledge, skills and mind-set that a director needs to perform effectively as a board member.… Read the rest