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Articles by Kathryn Saunders
Companies House picks up the pace on authorised corporate service providers and identity verification
The pace is certainly picking up on implementation of the Economic Crime and Corporate Transparency Act 2023 (ECCTA), which will introduce a radical transformation of how people deal with Companies House. If you need a refresher, more details can be found in our toolkit here.
Six years on: large private company reporting and the Wates Principles
The Wates Principles were developed in 2018 to meet a new legislative requirement for large private companies (those with either more than 2,000 employees and/or a turnover of more than £200m and a balance sheet of more than £2bn) to adopt a corporate governance code. On 12 August 2024, the Financial Reporting Council (FRC) issued its second report on whether such reporting is effective in practice.
Corporate governance - changes on the horizon for large private companies
In the wake of high-profile corporate collapses, the government, some time ago, announced proposals for audit and corporate governance reform. New draft legislation has been proposed setting out new corporate reporting requirements, and one particular feature of this legislation is that large private companies fall within the scope of the requirements.
Corporate governance - changes on the horizon for large private companies
In the wake of high-profile corporate collapses, the government, some time ago, announced proposals for audit and corporate governance reform. New draft legislation has been proposed setting out new corporate reporting requirements, and one particular feature of this legislation is that large private companies fall within the scope of the requirements.
A sobering tale for non-executives
United Kingdom December 17 2021 It is a common misconception that non-executive directors will be treated more kindly by the courts should their companies fail. After all, it makes sense that the executive directors, those charged with running the company, should be the ones held to account if things go wrong. But a recent case in the High Court has challenged that narrative, and offers a cautionary tale. Mr Bamford (B) became involved in a company marketing products for water purification.
ESG stocks are on fire: should this give pause for thought?
United Kingdom October 20 2021 The rush to make investments with good environmental, social and governance (ESG) credentials may make investors feel better about the future of the planet, but is this having a negative knock on effect on more traditional investments? Larger investors, such as pension funds and university endowments, are exiting more traditional investments, including those based on fossil fuels, in order to show off their green credentials to stakeholders.
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