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RBS Campaign Update 9 – Progress as at 13/12/2017

Post Date: December 13, 2017

If you have not yet joined the campaign you can still do so, please click here to download the forms https://www.sharesoc.org/rbs-agm-2018-requisitions/ . EMAIL 1 sent out on 24 Nov 2017 and 80 new campaign members recruited. Resolution and Request for discussion finalised. Click here to see them. EMAIL 2 sent out on 9 Dec 2017 to all campaign members asking them to sign the forms and return them to us. 30 received so far. We need at least 100 ...

Further on the FRC and its Report on the HBOS Audit

Post Date: December 12, 2017

Roger’s blog makes a number of hard hitting points about the FRC. However, there are some promising actions which indicate change is happening at the FRC. The meeting with the FRC and ShareSoc and UKSA members on 21 November was most helpful in establishing a good working relationship with the FRC. There are promising signs that the FRC want to work closely with us and we have been asked to put representatives onto a number of their committees and working groups. More ...

Christmas Contests With Prizes

Post Date: December 12, 2017

This month, we’re running two competitions, asking for your nominations. Fat Santa Award: This award will be given to the Chief Executive with the greediest LTIP award, making him...

Shareholder Rights

Post Date: December 11, 2017

ShareSoc continue to press for the name on the register, i.e. the beneficial owner not just the nominee as part of a package to restore the rights of individual shareholders, who have been disenfranchised by the nominee system and consequently disempowered. See our Shareholder Rights Campaign for more, and to support us on this. Below is some commentary on recent and not so recent relevant developments. You may have seen that Citi have “launched” a new shareholder voting system. It’s a test ...

FRC study: Risk and Viability Reporting

Post Date: November 25, 2017

In July of this year, UKSA and ShareSoc members received an email inviting them to participate in a survey being run by the Financial Reporting Council (FRC). The survey was part of a wider study being carried out by the FRC into Risk and Viability Reporting. Over 190 members responded which was an excellent result. The FRC agreed that it would provide feedback for members on the results of the survey. This article from Patrick Leach at the FRC summarises the ...