Regulations and Law

Accounting and Audit

22 Nov 2018 / Accounting and Audit

Too Much Cash, Wey Education and Patisserie Accounts

Are you stacked up with cash in your ISAs, SIPPs, and direct portfolios? As a dedicated follower of fashion (if the markets are falling as investors sell, then…

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Collective Investments

9 Oct 2018 / Collective Investments

FCA investigations of hidden fees.

34 fund managers are being investigated for ‘hiding’ their fees according to a story in the Sunday Times on 7 October, see https://www.thetimes.co.uk/article/34-fund-managers-investigated-for-hiding-their-fees-l6kjwqhrz  An investigation has been launched into…

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AIM

8 Oct 2018 / AIM

finnCap Cracks the Whip at Akers Bioscience

Akers Bioscience (AKR) issued a most unusual announcement this morning: https://www.investegate.co.uk/akers-biosciences–akr-/rns/directorate-change—other-information/201810080700052072D/ Of particular interest is this statement: finnCap Ltd, the Company’s Nominated Adviser on the AIM market of the…

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Accounting and Audit

6 Aug 2018 / Accounting and Audit

8pm Tuesday, 7 August, the BBC Radio 4 documentary ‘The Equity Release Trap’.

Make a date in your diary for 8pm Tuesday, 7 August, for the BBC Radio 4 documentary ‘The Equity Release Trap’. The documentary investigates the claims of Professor…

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Corporate Governance

25 Jul 2018 / Corporate Governance

Premier Foods, stock lending, custodians, shareholder rights and nominee accounts

The background to my comments is below: KATE BURGESS in the FT on 15 July 2018 reported that accusations of empty voting — where investors borrow voting shares for…

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Corporate Governance

16 Jul 2018 / Corporate Governance

UK Corporate Governance Code and new Companies (Miscellaneous Reporting) Regulations 2018

On July 16th, 2018 the FRC published its latest revision of the UK Corporate Governance Code, which is in my view shorter, simpler and better. The code can…

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ShareSoc

14 Jul 2018

FRC Enforcement Video

The FRC is working hard to improve its transparency. Some would say they are not working hard enough and need a much more fundamental review. Recently there has…

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Corporate Governance

22 Jun 2018 / Corporate Governance

Watch out FRC – there’s a new Guv’nor in town

One of our members – Tony Johnson – who is a Chartered Secretary and longstanding member of ICSA, has brought to my attention ICSA’s planned rebranding to become…

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ShareSoc

12 Jun 2018

The Quindell Story and the FRC

5 years on and the FRC has fined KPMG for its performance over Quindell. It has taken far too long. The settlement received a huge amount of coverage…

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Corporate Governance

8 Jun 2018 / Corporate Governance

BEIS Consultation on Insolvency and Corporate Governance

We have submitted jointly with the UK Shareholders Association our response to the consultation on Insolvency and Corporate Governance. The response was written by  Cliff Weight – Director,…

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ShareSoc

17 May 2018

FRC review and the future of audit: break up or shape up?

Sir John Kingman has been appointed to undertake a thorough review of the FRC. ShareSoc and UKSA will be making a submission to this. The FT on 16…

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ShareSoc

2 Apr 2018

Integrity and independence in the judiciary and the financial services industry: a comparative study

My thanks go to ShareSoc member Tony Johnson – for bringing to my attention, a recent lecture given to the Banking Standards Board by Sir Geoffrey  Vos, Chancellor…

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