Related insights: Corporate Governance
BEIS Select Committee publishes its report on corporate governance
10 Apr 2017
On 5 April 2017, the House of Commons Business, Energy and Industrial Strategy (BEIS) Select Committee published a report following its inquiry into corporate governance. The inquiry was launched in September 2016 in the wake of high profile cases such as BHS and Sports Direct. The inquiry considered whether the UK corporate governance framework is still fit for purpose. The report concludes that corporate governance in the UK remains strong and that there is no need for a radical overhaul. The report, however, makes a number of recommendations for improvements to the regime including the development of an appropriate code for large private companies. The BEIS inquiry is a separate initiative to the Government's Green Paper on corporate governance. It remains to be seen whether the Government will adopt any of the BEIS Select Committee recommendations.
Corporate governance remains in the spotlight as Government publishes new Green Paper
12 Dec 2016
The Government's decision to launch a consultation on corporate governance is a sign of its continued commitment to review the way UK businesses are run. It is also a clear statement that the Government wants to increase public trust in businesses, particularly in the wake of recent high profile cases such as BHS and Sports Direct. The Green Paper identifies some current issues and suggests some options for reform. There is no preferred option at this stage but the aim is to open a dialogue on the proposals. The Financial Reporting Council, the Investment Association and the Institute of Directors have all welcomed the publication of the Green Paper.
Changes to UK company law - 'at a glance'
09 Nov 2016
The Act introduces some important changes to UK company law. We have provided an 'at a glance' summary of the key changes and the proposed implementation dates.
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