South Africa: King Report IV Published

King IV published

South Africa’s corporate governance guidance, the King Report IV, has been radically revised in its latest version. According to the Institute of Directors in Southern Africa (IoDSA) the report is considerably more accessible, making it applicable beyond public companies.… Read the rest

Company tax disclosures improving says FRC

Tax

Company tax disclosure has improved in the UK according to the Financial Reporting Council (FRC). In a new review of 33 companies’ reports and accounts the FRC found evidence of improvements in the transparency of disclosures included in strategic reports and effective tax rate reconciliations.… Read the rest

PRI publishes ESG roadmaps for UK and USA

The Principles for Responsible Investment (PRI), The United Nations Environment Program Finance Initiative (UNEP FI) and The Generation Foundation, have published US and UK roadmaps, which set out recommendations to fully embed the consideration of environmental, social and governance (ESG) factors in the fiduciary duties of investors in the US and UK capital markets.… Read the rest

Parker Review: boards need greater ethnic diversity

Every FTSE 100 company board should have at least non-white director by 2021 and each FTSE 250 Board by 2024 in a bid to boost ethnic diversity at the top level of British companies. This is the recommendation of a review of UK boards led by Sir John Parker.… Read the rest