Related insights: Corporate Governance
Rapidly changing ESG landscape in the spotlight as WBD releases state of play paper
07 Nov 2023
International law firm Womble Bond Dickinson (WBD) has released a new paper aiming to educate businesses on the latest Environmental, Social and Governance (ESG) laws, regulations and statements of best practice applicable in the UK.
Corporate transparency and reforms to the role of Companies House
09 Mar 2022
On 28 February 2022, BEIS published a White Paper on corporate transparency and register reform (White Paper), which sets out plans to enhance the role of Companies House and to increase the transparency of UK corporate entities. We outline a few of the key reforms below.
A cautionary tale on transferring IP assets at an undervalue
02 Feb 2021
The Intellectual Property Enterprise Court has dismissed[1] a claimant's application for summary judgment which alleged that a licensee had infringed its registered trade marks and had breached the terms of its licence.
Can former employees take your confidential information to their new job?
28 Jul 2020
When an individual moves to a new role, they take valuable skills and knowledge which they will use for the benefit of their new employer. Where this happens, particularly where an employee moves to a competitor, it can be difficult to draw a line between information that an employee can legitimately use in their new position as part of their own experience, and specific information which should not be disclosed even though the terms of their former employment contract have ceased to apply.
Sentencing for trade mark infringement offences: suspended prison sentence and director's disqualification upheld
26 Mar 2020
The Court of Appeal has upheld a sentence of two years' imprisonment suspended for two years and disqualification as a director in respect of an individual convicted of activities amounting to trade mark infringement.
Whistleblowing: what employers need to know in a nutshell
07 Feb 2019
Whistleblowing is an increasingly important and complex topic. In this note, we explain and simplify some of the key issues that companies need to be aware of as a result of recent societal, legal and regulatory developments, which we explored in our recent Informed Counsel conference.
New corporate governance principles for large private companies launched
14 Dec 2018
The UK's Financial Reporting Council has published the final version of the Wates Corporate Governance Principles for Large Private Companies (Principles). The Principles have been developed following the Government's Green Paper in 2016 and the BEIS Select Committee report in April 2017 which considered the need for improved transparency and accountability in the corporate governance of large private companies.
Corporate governance reporting and the impact on large private companies
23 Jul 2018
Corporate governance continues to be a rapidly evolving area. Recently the spotlight has shifted to focus on the need for improved transparency and accountability in the corporate governance of large private companies in the wake of a number of high profile corporate failings. The Government launched a number of initiatives in this area. The latest raft of proposed changes are considered below and will have an impact on large private companies.
11 proposals that will strengthen corporate governance
10 May 2018
'I can't be responsible for every single thing that goes on at Sports Direct. I can't be. I can't be!' - Mike Ashley founder and Executive Deputy Chairman Sports Direct appearing before the Business Innovation and Skills Select Committee (June 2016)
The FRC proposes a revised UK Corporate Governance Code
21 Jan 2018
On 5 December 2017, the Financial Reporting Council (FRC) published a consultation document on its proposals for a revised UK Corporate Governance Code. The FRC has undertaken a comprehensive review to ensure that the Code remains fit for purpose and continues to promote improvement in the quality of corporate governance. The revised Code emphasises the value of good corporate governance to the sustainable growth of a company and encourages policies and practices that generate value for shareholders and aim to benefit society. There is a new focus on stakeholders, integrity and corporate culture, diversity and how the overall governance of the company contributes to its long-term success.
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