Contents

FRC corporate governance review 

One year on from key updates to the UK Corporate Governance and Stewardship Codes early indications are that companies are responding in a positive manner to the changes, according to the Financial Reporting Council in its annual review.

Corporate responsibility reporting

‘Seventy five per cent of large companies acknowledge in their CR reports risks to their business from environmental and social “megaforces”, such as resource scarcity and climate change, but few link corporate responsibility to remuneration,’ according to a report published by KPMG.

Greater director independence in India

The India Companies Act 2013 has introduced more stringent rules relating to making boards of directors more independent and balanced.

New CG Code for banks in Ireland

Pakistan amends CG Code

Fraud and corruption trends for 2014

Canadian consultation on CG

Who evaluates the evaluators?

Helen Pitcher looks at the emergence of the external independent board evaluation market and a new draft Code of conduct for the industry.

EU Audit Reform

Tim Copnell sets out the details of a draft package of measures for reform of the audit market in the European Union.