Information from other jurisdictions

2012

• UK — government proposes to introduce binding shareholder vote on executive remuneration  

2011

• UK — consultation on tightening prerequisities for listing 
• EU — proposal to reduce reporting requirements for listed companies
• UK — futher remuneration guidance issued by Association of British Insurers 
• UK — government proposals for binding shareholder vote on executive remuneration and narrative reporting 
• UK — proposal for reduced reporting requirements for small businesses
• UK — Bribery Act now in force
• UK — Survey finds that most institutional shareholders use their votes 
• UK — ICSA issues updated guidance on due diligence for new directors
• UK — Financial Reporting Council consultation on diversity 
• UK — Charity Commission examines future of reporting 
• EU — European Commission issues consultation paper on corporate governance
• UK — government publishes guidance on Bribery Act 
• UK — Financial Reporting Council publishes new Guidance on Board Effectiveness 
• UK — Davies Report about women on boards 
• UK Government consults on short-termism in equity markets 
• US — SEC adopts 'say on pay' rules from Dodd-Frank Act

2010

• UK — Department for Business, Innovation and Skills to review corporate governance 
• US report indicates links between investor engagement and financial performance
• US — landmark governance and executive remuneration reforms now law
• UK — ICSA issues draft guidance on improving board effectiveness 
• UK — Government proposes to merge Financial Reporting Council and UK Listing Authority 
• UK — results of company secretary salary survey
• UK — FRC issues Stewardship Code
• UK — Financial Services Authority to be abolished
• UK — directors to face annual re-election under amended Corporate Governance Code
• Basel Committee on Banking Supervision — consultation paper on principles for enhancing corporate governance
• UK Government considers introducing diversity targets
• UK – FSA to strengthen monitoring of regulated institutions

2009

• US — SEC to introduce new company disclosure rules
• EU — report finds ‘comply or explain’ governance system not operating optimally in Europe 
• UK — FRC proposes significant changes to corporate governance code 
• Walker Review — final recommendations on UK banking industry
• ICSA report on boardroom behaviours
• ICSA survey of board support
• UK — FRC issues progress report on Combined Code; principles-based approach preferred
• Walker Review — A review of corporate governance in UK banks and other financial industry entities
• US proposal to reform system of financial regulation
• UK — complexity in corporate reporting examined
• European Commission takes hard line on executive remuneration
• OECD report — The Corporate Governance Lessons from the Financial Crisis
• G20 promises action on financial system
• Global Reporting Initiative emphasises importance of linking ESG with corporate strategies to connect with investors
• Create a Combined Code for investors, says ICGN
• Financial Reporting Council to reassess effectiveness of Combined Code in light of financial crisis
• UK FSA draft Code of Practice on Remuneration Policies
• UK Financial Reporting Council wages caution on governance reform
• ICSA survey indicates increase in external board evaluation in UK in 2008
• FSA demands disclosure of shareholdings as security for personal loans 
• FSA lifts ban on covered short selling, subject to disclosure requirements

2008

• Let shareholders hold board to account, says ICGN
• Sovereign wealth funds — governance principles laid down
• IASB amends accounting standards as result of world financial crisis
• UK Government bank bailout contingent on limits to directors’ remuneration
• Amendments to UK Companies Act now in force
• US news — Securities and Exchange Commission plans for international convergence of accounting standards
• Financial Reporting Council reiterates importance of ‘going concern’ statements — UK consultation paper
• Corporate reporting too complex — UK Financial Reporting Council
• Financial Reporting Council issues update to Combined Code — UK deregulation
• UK Financial Services Authority regulates to prevent market abuse in rights issues
• Board performance evaluation — UK survey finds external assessment the exception rather than the rule
• United Kingdom Financial Services Authority finds market abuse common
• British study finds strong links between corporate governance records and financial performance
• UK survey finds corporate law complicates role of non-executive directors
• 2007 UK Financial Reporting Council Review of Combined Code

2007

• Panel on the Non Profit Sector Principles for Good Governance
• Shareholder dissent concentrates on directors
• US group calls for principles-based regulation
• ICGN publishes shareholder responsibility principles
• Insider training still rife in UK
• FTSA boards 'marking their own homework'
• UK sets ambitious environmental targets
• Governance code for private equity in UK mooted
• New IFRS reporting standard for SMEs mooted
• Good governance pays, says the Association of British Insurers
• New responsibility reporting guidelines in UK
• ASB in UK calls for more information on risks
• Europe sets high target for emissions cuts
• Grant Thornton report: FTSE 350 Corporate Governance Review 2006 - Highlighting trends in compliance
• Sex and Power: Who Runs Britain?

2006

• London Stock Exchange transfers Corporate Responsibility Exchange to ICSA Software
• UK Government moves to opt-in law for annual report receipt
• Stern review on climate change
• OFR still has a place, say UK companies
• Controversy as UK Companies Bill enters final lap
• GMI notes emerging market companies pose greatest governance risk
• A third set of model articles in the UK
• SEC announces foreign exemptions from SOX
• Choice in the UK audit market
• UK directors' duties
• Revised UK Combined Code
• ICGN governance of institutional investors
• First transatlantic stock exchange
• PricewaterhouseCoopers research on dormant subsidiaries
• SEC announces next steps for Sarbanes-Oxley implementation
• UK Company Law Reform Bill 2006
• What Directors Think survey
• UK survey on independent directors
• Revised UK and US guidelines on executive remuneration
• Abolition of the OFR
• UK Company Law Bill
• European Commission consults on shareholders' rights
• Resources Global Professionals survey showing professionals who deal in regulatory reforms are in high demand
• Value of the volunteer
• FTSE ISS Corporate Governance Index
• UK Draft Company Law Reform Bill White Paper
• Myners' progress report to the Shareholder Voting Working Group
• Foreign companies given another year to comply with SOX
• Myners Report on Pre-Emption Rights (UK)
• Report on the Directors' Remuneration Report Regulations 2002 (UK)
• Good Governance Standard for Public Services
• Corporate governance disclosure in Canada
• UK Department of Trade and Industry new rules on reporting of company strategy
• NYSEC corporate governance listing standards
• Draft Good Governance Standard for Public Services
• Commission launches Forum for governance convergence
• Business chiefs attack Sarbanes-Oxley
• Moody’s Investors Service survey shows US companies improve corporate governance
• ICSA Guidance Note: The roles of the Chairman, Chief Executive and Senior Independant Director under the Combined Code
• ICSA Guidance Note: Terms of Reference — Executive Committees
• London Stock Exchange establishes Corporate Responsibility Exchange
• ICSA's draft code Principles of Good Governance for Charities
• FTSE 100 companies compliance with Higgs Report one year on
• EC response to consultation on directors' pay
• UK Charities Bill
• Changes to UK company law
• OFR requirements in the UK
• New OECD Principles of Corporate Governance
• ICSA guidance note on Corporate Representation at General Meetings
• EU consultation on directors' remuneration and shareholder action
• UK Pensions Bill
• Myners Report
• ICSA annual survey of length and content of AGMs
• UK DTI consults on director and auditor liability
• ICSA guidance note on Voting at General Meetings
• UK Audit and Community Enterprise Bill
• Disclosure of CSR
• New market guidance for D&O insurance
• New combined Code on Corporate Governance
• Higgs Review
• Higgs Report Summary