Publication
“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Global | Publication | August 18, 2017
Welcome to Essential Corporate News, our weekly news service covering the latest developments in the UK corporate world.
On August 15, 2017 the Financial Reporting Council (FRC) published a consultation on draft amendments to its Guidance on the Strategic Report. The proposed amendments reflect changes to the strategic report requirements made by the Companies, Partnerships and Groups (Accounts and Non-Financial Reporting) Regulations 2016, which apply to companies and qualifying partnerships beginning on or after January 1, 2017.
The consultation encourages companies to provide better information on how they have fulfilled their duties to promote the long-term success of the company, as set out in section 172 of the Companies Act 2006 (CA 2006), to improve accountability to shareholders and other stakeholders.
The proposed amendments include (amongst other things) the following:
Next steps
The FRC has asked for all comments and feedback to be submitted by October 24, 2017.
On August 16, 2017 the Investment Association (IA) published a press release containing an analysis of voting data from the 2017 AGM season.
When compared to voting data from the 2016 AGM season, the IA notes that:
(IA, Shareholders flex their muscles in 2017 AGM season to reduce FTSE pay, 16.08.17)
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
In this edition of Regulation Around the World we review recent steps that financial services regulatory authorities have taken as regards investment research.
Publication
n a long-running dispute, taking in no less than three arbitrations spanning 26 years cumulatively (involving allegations of state interference in the arbitral process), the Court has provided useful guidance on the ss.67 and 68 challenges, particularly in the context of investor-state claims.
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