Corporate governance – Page 67
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NewsCorporate reporting bodies aim for alignment on sustainability standards
New two-year project responds to market demand
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News
New project tackles emissions reporting completeness [updated]
100% Club aims to incentivise companies to commit to complete Scope 1 reporting
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NewsDutch schemes fine-tune ESG investments following member feedback
PGB excluded investments in tobacco firms and companies selling arms to civilians
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News
Chief executive of audit watchdog to step down amid independent probe
Stephen Haddrill has led the Financial Reporting Council since 2009
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NewsLegal & General hits out at MSCI’s dual share class index move
Index provider to launch a range of benchmarks to account for companies with unequal voting rights in their share structures
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Accounting roundup: Rulemakers risk running out of time, IASB chair warns
Also: UK questioned over EFRAG conflict; PIRC’s concerns over troubled bakery; FRC urges annual reports shake-up
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ESG roundup: UK public sector schemes to oppose Ryanair chairman
Also: ABP invests €15m in green bond for Schiphol airport; World Bank backs first ‘blue bond’ for Seychelles
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Pension funds challenge European companies on climate lobbying
AP7, Church of England Pensions Board seek to drive change in corporate lobbying on climate change
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Norway SWF: Combining CEO, chair roles weakens company oversight
Norges Bank speaks out on thorny governance issues concerning the structure of company boards
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Country Report
Fiduciary management rule causes confusion for Dutch pension sector
Anton van Nunen argues that proposed law provides for a ‘solution to a non-existent problem’
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News
Norway rejects idea of hiving off SWF management
Central bank to gain new committee to deal with interest rates, allow board to focus on GPFG and other tasks
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Country ReportDutch parliament wants to limit scope of fiduciary managers
MP says amendment would prohibit supervision of scheme investment policies by fiduciary managers
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News
UK regulators outline co-operation strategy
FCA and TPR outline more proactive approach to regulating pensions, investments and savings
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News
Dutch tyre manufacturer offers annual switch between DB and DC
Scheme offers innovative compromise as it moves to consolidation vehicle
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Dutch watchdog urges pension funds to prepare for hard Brexit
AFM warns that asset managers and service providers seeking EU permissions may not get them on time
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Delta Lloyd, PGGM exit market for APF consolidators
Clients face uncertain future as the Netherlands’ ‘general pension fund’ market shrinks
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Accounting roundup: More work needed on ‘too big to fail’ banks
Plus: IASB eyes new pension standard, EU plots financial reporting ‘lab’
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NewsUK announces further review of audit market competitiveness
Competition and Markets Authority to fast-track probe into continued dominance of ‘Big Four’ auditors
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News
Unilever abandons restructure under pressure from shareholders
RLAM and other major shareholders had opposed “forced divestment of Unilever under a single listing”
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Trustees face ‘onerous’ burden ahead of Ireland’s IORP II implementation
Small schemes could be exempt but government has yet to write EU rules into statute




