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BCLP

UK Corporate Briefing - December 2024

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Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. ...more

Latham & Watkins LLP

IFRS Foundation Reports Progress on Corporate Climate-Related Disclosures

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Jurisdictions representing approximately 57% of global GDP have taken steps to incorporate ISSB standards into legal and regulatory frameworks. ...more

Fenwick & West LLP

ISS Examines Trends in Shareholder Proposals Over the Past Decade

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Institutional Shareholder Services (ISS) recently released its “U.S. Shareholder Proposals: A Decade in Motion,” in which it examines trends in shareholder proposals submitted at U.S. companies from July 2014 to June 2024, as...more

Goodwin

DAOs in English law: another (but not final) step forward

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With so much focus on the regulatory treatment (and mistreatment) of blockchain related businesses, the benefits of commercial legal certainty for choosing a country or territory as a home of choice for these businesses is...more

Society of Corporate Compliance and Ethics...

Corruption and the environment

The Organisation for Economic Co-operation and Development (OECD) recently released the first edition of its Anti-Corruption and Integrity Outlook, and the report provides an interesting glimpse into the anti-corruption and...more

Fenwick & West LLP

CDP Reports a 44% Increase in Companies Disclosing Climate Transition Plans

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Roughly one in four organizations reporting through CDP have adopted climate transition plans aligned with capping global warming at 1.5 degrees Celsius above the pre-industrial average, according to a report Wednesday by CDP...more

WilmerHale

PCAOB Releases Summary of 2023 Conversations with Audit Committee Chairs

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One of the stated goals of the Public Company Accounting Oversight Board (PCAOB) is to preserve external audit quality. To further this priority, the PCAOB regularly invites public company audit committee chairs to have...more

Latham & Watkins LLP

Recent Developments for UK PLCs - April 2024 Edition

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On 5 March 2024, the Pre-Emption Group (PEG) published its first report monitoring the use of its updated Statement of Principles on the disapplication of pre-emption rights for UK listed companies. The Principles were...more

Latham & Watkins LLP

Recent Developments for UK PLCs - August Edition

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New Legislative Measures to Strengthen UK Corporate Reporting - On 19 July 2023, the draft Companies (Strategic Report and Directors’ Report) (Amendment) Regulations were laid in Parliament....more

BCLP

Corporate Briefing - August 2023

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Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue, we discuss...more

Goodwin

Findings from the Final Evaluation Report on the Operation of the Permanent Measures in the UK Corporate Insolvency and Government...

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On 19 December 2022, the UK Insolvency Service published the “Corporate Insolvency and Governance Act — Final Evaluation Report November 2022,” which considers the operation of the permanent measures within the Corporate...more

BCLP

2022 Governance Best Practices Survey

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Even the strongest corporate boards benefit from a regular infusion of fresh ideas. Culture, composition and governance practices - all of these are critical elements for boards to fulfill their oversight role, support...more

Latham & Watkins LLP

French Parliament Publishes Evaluation Report on Corporate Duty of Vigilance Law

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The report, published on 24 February 2022, assesses the implementation of the existing French corporate duty of vigilance law. French Statute No. 2017-399 of 27 March 2017 (the 2017 Statute) created a duty of vigilance...more

BCLP

Update report from the Parker Review

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Five years on significant progress has been made in reaching the goal of “At Least One by 21” (ie. every FTSE 100 company to have at least one person from a minority ethnic group on its board). At the end of 2021, 89 FTSE 100...more

BakerHostetler

New Crypto Products Launch; Market Reports Published; Treasury Dept. Addresses Crypto Tax; Crypto Enforcement Actions and Threats...

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Reports Address Crypto M&A and Metaverse, New Crypto Products Launch - A Big Four accounting firm recently released its “2021 Global Cryptocurrency Mergers and Acquisition and Fundraising Report.” Key takeaways from the...more

Latham & Watkins LLP

IOSCO Calls for Oversight of ESG Ratings and Data Product Providers

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The association noted that regulators could provide market participants with much-needed additional trust in ESG ratings and data. On 23 November 2021, the International Organization of Securities Commissions (IOSCO)...more

BCLP

Climate-related disclosures for the UK asset management industry: the FCA consults on TCFD-compliant measures

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The FCA has published its much-anticipated consultation (CP21/17) on climate-related financial disclosures and guidance for UK asset managers, UK life insurers and FCA-regulated pension providers. Consistent with the...more

WilmerHale

2021 M&A Report

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The outbreak of COVID-19 in the first quarter of 2020 inflicted an unprecedented shock on the global economy. In the first half of the year, growth stalled, the US unemployment rate reached its highest level since the Great...more

WilmerHale

2021 IPO Report

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Across the board, despite the pall cast by the COVID-19 pandemic, 2020 was a year of strong IPO deal flow and aftermarket performance, punctuated by a breathtaking surge in IPOs by special purpose acquisition companies...more

Latham & Watkins LLP

Independent Review Provides Recommendations for Improving UK Listing Regime

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The recommended reforms aim to make the UK’s listing regime more competitive while maintaining high standards of corporate governance, shareholder rights, and transparency. A new independent review (the Review), led by Lord...more

BCLP

Findings of the final Hampton-Alexander Review

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The Final Hampton-Alexander Review regarding women on boards has been published. This business-led independent Review has achieved significant progress - women now make up around 40%, in aggregate, of the non-executive...more

Holland & Knight LLP

The U.S. Financial System and Climate Risk

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The past several months have taught us a lot about the interplay between global risks and the economy. With lessons from the COVID-19 pandemic continuing to evolve, climate change has earned a new spotlight as an analogous...more

BCLP

80% of U.S. S&P 500 Companies Fail to Provide Guidance in Last Three Months

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As U.S. public companies prepare to kick off the Q2 2020 financial reporting season, a clear trend is emerging, with 80% of S&P 500 companies refusing to provide earnings guidance during the last three months, according to a...more

WilmerHale

Report Finds Clear Trend Toward Increased Transparency in Corporate Political Spending

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A recent report by a pro-transparency group and The Wharton School found a clear trend among S&P 500 companies toward increased disclosures and oversight regarding their political spending. Per the report, more than half of...more

BCLP

Myanmar Postcard

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The Myanmar Corporate Governance Scorecard 2018 was recently published as an assessment of the corporate governance practices of 24 Myanmar companies. It is published by the International Finance Corporation (IFC), in...more

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