News releases
Read the latest news and updates from The Chartered Governance Institute UK & Ireland
- Open letter to the Chancellor of the Exchequer Jeremy Hunt
28 February 2024
On 6 March 2024, Jeremy Hunt will deliver the Spring Budget, the last anticipated fiscal event before a general election later this year. Read more
- CGIUKI urges government to complete audit reforms
12 February 2024
On Friday The Chartered Governance Institute UK & Ireland wrote to Kemi Badenoch to remind the government about the need to complete audit reform. Its now over six years since Carillon plc failed (January 2018) and yet the markets are still waiting for key changes that will restore confidence in financial statements. Read more
- CGIUKI gives a cautious welcome to new Governance Code
22 January 2024
CGIUKI has welcomed the FRC’s new Corporate Governance Code but cautioned that governance and regulatory reform remains incomplete. Read more
- CGIUKI writes to City Minister to urge the government to fix the UK's delisting problem
08 January 2024
On Friday 5th January, Sara Drake, CEO of CGIUKI wrote to Bim Afolami MP, the Treasury Minister, urging him to call an emergency meeting to review the UK's delisting problem. Read more
- CGI sounds a note of caution on the Football Governance Bill
09 November 2023
CGI welcomes the plan for a new independent regulator in English football which was announced in the King's Speech but we are concerned that expectations of reform are unrealistically high, and that the Football Governance Bill announced in the King’s Speech on 7th November is promising more than it can possibly deliver. Read more
- CGIUKI warns that UK corporate boards need to step up their governance approach to be ready for artificial intelligence
27 October 2023
The Prime Minister’s announcement yesterday of a new AI Safety Institute to explore the risks of AI developments is a very welcome step forward, as is the announced funding for a super computer and quantum computers which will be available to businesses. However, UK corporate boards must get a move on to prepare for the challenges ahead. Read more
- The Chartered Governance Institute responds to the government withdrawal of draft new reporting regulations
16 October 2023
The Chartered Governance Institute, UK & Ireland, has responded to the government’s announcement today that it has withdrawn the draft Companies (Strategic Report and Directors’ Report) (Amendment) Regulations 2023, which were laid in Parliament on 19 July and were due to be debated in Parliament this month. Read more
- The Chartered Governance Institute responds to press comment on the role of the general counsel
03 October 2023
An article in the Financial Times on 10 September reported that a group of lawyers and academics had criticised the Financial Reporting Council’s review of the UK Corporate Governance Code for an “extraordinary omission” by not formalising the role of the general counsel in the Code. Read more
- The Chartered Governance Institute calls on the FRC not to buckle under calls to weaken corporate governance provisions
20 September 2023
The Chartered Governance Institute, UK & Ireland, has responded to the Financial Reporting Council (FRC) consultation on the review of the UK Corporate Governance Code (the Code) to urge it to protect the huge benefits of the strong governance environment in the UK, balancing the desire to improve the Code against the proportionality of any additional reporting. Read more
- The Chartered Governance Institute UK & Ireland launches a new series of accreditation and training programmes to raise the standard of board performance reviews
19 September 2023
London, 19 September 2023 –The Chartered Governance Institute of the UK and Ireland (CGIUKI) has launched its series of accreditation and training programmes to lift the standard for board performance reviews. Read more
- UK’s biggest companies more confident on economy, as they all offer employee support during cost-of-living crisis - The Boardroom Bellwether
29 August 2023
London, 29 August 2023 – A survey of FTSE 350 companies published today finds that the UK’s largest companies are tentatively more optimistic about the global and UK economy – and that every single one of them has taken action to support employees through the cost-of-living crisis. Read more
- Chartered Governance Institute welcomes updated Charity Commission guidance on investments
08 August 2023
London, 8 August 2023 –The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes the Charity Commission’s updated guidance on making charity investments, Investing charity money: guidance for trustees, also known as CC14. Read more
- Chartered Governance Institute publishes Code of Practice for board reviewers
21 July 2023
London, 21 July 2023 –The Chartered Governance Institute UK & Ireland (CGIUKI) has launched a Code of Practice, which will be underpinned by an accreditation framework, to support effective board performance reviews. Read more
- Chartered Governance Institute responds to announcement of UK Corporate Governance code consultation document
24 May 2023
London, 24 May 2023 – The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes the Financial Reporting Council (FRC)’s consultation on proposed amendments to the UK Corporate Governance Code. Read more
- Chartered Governance Institute responds to announcement of new Football Regulator and governance code for football clubs
24 February 2023
London, 24 February 2023 – Commenting on the announcement of a new Football Regulator by Stuart Andrew, MP, Minister for Sport, The Chartered Governance Institute UK & Ireland (CGIUKI) said:. Read more
- The Chartered Governance Institute UK & Ireland comments on the selection process for the Chair of the BBC
24 January 2023
The question arises once again of the strange blindness of some of those in public office to the recognition and disclosure of actual or potential conflicts of interest. Read more
- UK Sports Councils underline commitment to governance with five-year investment into the Sports Governance Academy
01 December 2022
Delivered by the Chartered Governance Institute UK & Ireland, the Sports Governance Academy has received further long-term investment of £1.8m to run from December 2022 – December 2027. Read more
- Chartered Governance Institute responds to financial failure of Wasps and Worcester rugby clubs
30 November 2022
London, 25 November 2022 – Commenting on the DCMS select committee special evidence session into the state of rugby union since the collapse of Wasps and Worcester rugby clubs, The Chartered Governance Institute UK & Ireland (CGIUKI) said:. Read more
- Boards retreating from good practice developed during Covid-19 says The Chartered Governance Institute UK & Ireland
02 November 2022
A new report out today from The Chartered Governance Institute UK & Ireland (CGI) and the Centre for Synchronous Leadership (CSL) has revealed that many boards have not maintained effective governance practices developed during the Covid-19 pandemic. Read more
- Chartered Governance Institute responds to Annual General meeting guidance from the Financial Reporting Council
21 July 2022
The Financial Reporting Council (FRC) has released new guidance for listed companies to enhance effective shareholder participation when planning and conducting AGMs. This is the first time the FRC has published specific guidance on the topic. Read more
- Chancellor’s review of the Company Share Option Plan is welcome, but a piecemeal approach misses a better opportunity to reform employee share plans, says ProShare
29 March 2022
Responding to the Chancellor’s Spring Statement, ProShare – the voice of UK employee share ownership (ESO) – is calling for a comprehensive review of all tax-advantaged employee share plans rather than the piecemeal approach proposed. Read more
- CGIUKI responds to publication of ‘Schools, opportunity for all’ white paper
28 March 2022
Commenting on publication today of the Department for Education’s ‘Schools, opportunity for all’ white paper on the reform of academy trusts, Louise Thomson, NFP Policy Lead at The Chartered Governance Institute UK & Ireland (CGIUKI) said:. Read more
- Cyprus Integrity Forum and the Chartered Governance Institute UK & Ireland strengthen the Business Integrity Forum programme
21 March 2022
The Cyprus Integrity Forum (CIF) and the Chartered Governance Institute UK & Ireland (CGIUKI) have announced a significant strategic collaboration whereby the CGIUKI will support CIF’s Business Integrity Forum (BIF) programme. Read more
- Parker review of ethnic diversity on boards shows excellent progress being made
16 March 2022
The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes publication today of the update report from Sir John Parker’s review committee on Improving the Ethnic Diversity of UK Boards. Read more
- Plans for gender parity at board and senior leadership level exceeding expectations says Chartered Governance Institute for UK & Ireland
08 March 2022
Nearly 50% of UK companies and not for profits have plans to reach gender parity at board level according to the results of a snapshot survey of governance professionals, conducted by the Chartered Governance Institute for UK & Ireland (CGIUKI) in association with The Core Partnership. Read more
- FRC review indicates encouraging early signs of large private company reporting, says The Chartered Governance Institute UK & Ireland
23 February 2022
The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes publication today of a report from the Financial Reporting Council, conducted with the University of Essex, which shows that the Wates Principles are the most widely adopted corporate governance code used by large private companies. Read more
- FTSE Women Leaders Review shows significant boost for women in senior roles, says The Chartered Governance Institute
22 February 2022
London, 22 February 2022 – The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes publication today of the first report published by the FTSE Women Leaders Review which shows that almost 40% of UK FTSE 100 board positions are now held by women, gaining the UK an impressive second place in international rankings for female board representation. Read more
- Fan led review of football press statement
26 November 2021
Good governance is at the heart of bridging the gap between the role of the football club in society and its role as a private business.”says The Chartered Institute of Governance UK & Ireland. Read more
- Institute of Hospitality wins ‘Diversity & Inclusion Initiative of the Year’ honour at CGIUKI 2021 Awards
18 November 2021
The Institute of Hospitality (IoH) saw two recent Diversity & Inclusion (D&I) initiatives recognised when BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker handed the IoH the award for ‘Diversity & Inclusion Initiative of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards at the London Park Lane Hilton Hotel last night. The Awards recognise those individuals, teams, projects and initiatives that demonstrate exemplary governance and help organisations to better serve their stakeholders and society in the process. Read more
- easyJet plc wins prestigious governance award as secretariat team is named ‘Team of Year’ at the CGIUKI 2021 Awards
17 November 2021
easyJet plc’s company secretariat team has been named ‘Team of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards, after helping the Luton-based company to navigate the COVID-19 pandemic and emerge well-positioned to benefit from the post-pandemic recovery. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker at the London Park Lane Hilton Hotel last night, recognise those individuals and teams who have excelled in good governance, helping their organisations to better serve their stakeholders and local communities in the process. Read more
- CMS Partner and IT and Outsourcing expert Dr Sam De Silva named Governance Champion of the Year
17 November 2021
Dr Sam De Silva, a Partner in the IT and Outsourcing team of international law firm CMS, has been named ‘Governance Champion of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards, which took place at the London Park Lane Hilton Hotel last night. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker, recognise those individuals and teams who have excelled in good governance, helping organisations to better serve their stakeholders and society in the process. Read more
- Rolls-Royce and M&S governance experts share ‘Governance Professional of the Year’ honour
17 November 2021
Nicola Caroll, Corporate Governance Director at Rolls-Royce Holdings plc, and Robert Lyons, Deputy Company Secretary at Marks and Spencer Group plc have been jointly named ‘Governance Professional of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards, which took place at the London Park Lane Hilton Hotel last night. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker, recognise those individuals and teams who have excelled in good governance, helping organisations to better serve their stakeholders and society in the process. Read more
- North East London NHS Foundation Trust’s Director of Corporate Affairs wins prestigious governance award
17 November 2021
Lauren MacIntyre, Director of Corporate Affairs and Company Secretary of North East London NHS Foundation Trust (NELFT) has been named ‘Company Secretary of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards, which took place at the London Park Lane Hilton Hotel last night. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker, recognise those individuals and teams who have excelled in good governance, helping their organisations to better serve their stakeholders and local communities in the process. Read more
- The Red Sea Development Company’s The Red Sea Project wins ‘ESG Initiative of the Year’ honour at CGIUKI 2021 Awards
17 November 2021
The Red Sea Project which is being developed on the Saudi Arabian Red Sea coast by The Red Sea Development Company took the award for ‘ESG Initiative of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards at the London Park Lane Hilton Hotel last night. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker, recognise those individuals, teams, projects and initiatives that help organisations to better serve their stakeholders and society through innovative and exemplary governance. Read more
- UK PLC bullish about the economy, and focussed on climate change and employees, survey finds
08 November 2021
A survey of FTSE 350 companies out today finds that British boards are optimistic about the economy and much more focussed on climate change than was previously the case. They are also aligned on the importance of employees and corporate culture, according to the report published by The Chartered Governance Institute UK & Ireland in association with the Financial Times. Read more
- Guernsey’s governance stars shine at CGIUKI Bailiwick of Guernsey Awards 2021
01 November 2021
The Chartered Governance Institute UK & Ireland (CGIUKI) – Bailiwick of Guernsey Branch has today announced the winners of the 2021 Guernsey Awards, which recognise those individuals, teams and service providers who excel in the art of good governance practice. The academic accomplishments of the Institute’s students were similarly feted at the Student Excellence Awards, which also formed part of the branch’s annual Awards Dinner which took place on 29 October 2021 at the Duke of Richmond Hotel. Read more
- New guidance about changing academy trust articles of association published by CGIUKI and Trust Governance Professionals
15 October 2021
The Chartered Governance Institute UK & Ireland (CGIUKI) and Trust Governance Professionals (TGP) have today published a ‘How to’ guide for academy trusts looking to change their articles of association. Read more
- New Model Terms of Reference for a charity’s Remuneration Committee published by The Chartered Governance Institute UK & Ireland
07 October 2021
The Chartered Governance Institute UK & Ireland has today published new guidance for the remuneration committees of charities registered in England and Wales. The guidance will be useful to any charities seeking to strengthen their governance arrangements in line with key aspects of the Charities Statement of Recommended Practice and the Charity Governance Code. Read more
- Savvy employees are taking the long-term view of employee share plans investments, ProShare’s latest SAYE & SIP report reveals
30 September 2021
ProShare, the body representing employee share ownership in the UK, has today released its 2020 report into Save As You Earn (SAYE) and Share Incentive Plans (SIP). The findings show record engagement and that employees investing in these plans are on course for possible bumper gains in the longer term when share prices deflated by the pandemic recover. Read more
- The Chartered Governance Institute UK & Ireland welcomes Conn Cleary as Regional Development Manager for Ireland
23 September 2021
The Chartered Governance Institute UK & Ireland has appointed Conn Cleary to the role of Regional Development Manager, Ireland. He succeeds John Burns who recently retired after several years in the position. Read more
- Guernsey Community Foundation Chief Executive to speak at Annual Awards Dinner for Guernsey’s governance stars
23 September 2021
The Chartered Governance Institute UK & Ireland – Bailiwick of Guernsey Branch has today confirmed that Jim Roberts, Chief Executive of the Guernsey Community Foundation will speak at the Institute’s 2021 Annual Awards Dinner. Read more
- Virtuous circle of good charity governance: the role of the governance professional
16 September 2021
The Chartered Governance UK & Ireland has today published a white paper outlining how governance professionals can help charity boards to develop and embed a virtuous circle of good charity governance to further the charitable aims of the organisation and deliver positive change. Read more
- Guernsey Financial Services Commission Director General William Mason to open Governance Guernsey 2021
14 September 2021
The Chartered Governance Institute UK & Ireland – Bailiwick of Guernsey branch has today confirmed that William Mason, Director General of the GFSC, will open the Institute’s annual conference with a speech about international regulatory governance. Mr Mason will discuss how international regulations are evolving and the potential impact of this on Guernsey. Read more
- Governance expertise in health sector deserves greater recognition’, says CGIUKI chief executive
13 August 2021
The chief executive of The Chartered Governance Institute UK & Ireland (CGIUKI) has today called for greater appreciation of those working in health sector governance believing that their contribution to the NHS does not always get the acknowledgment that it deserves. Read more
- From power-driven to purpose-driven: new report urges boards and executive committees to improve diversity by repositioning themselves
22 July 2021
A new report out today from The Chartered Governance Institute UK & Ireland and the Centre for Synchronous Leadership has revealed that an attachment to power is causing British boards and executive committees to exclude more diverse candidates based on flawed selection processes and criteria. The report finds that the recruitment process is distorted by the assumption that those who do not resemble existing board and committee members are less ‘impressive’, which suggests that the word ‘impressive’ needs to be redefined. The report concludes that meaningful progress in terms of improving boardroom diversity can only be achieved if boards and executive committee members are willing to address ‘compulsive homogeneity’ and prioritise purpose over power. Read more
- Restoring trust in audit and corporate governance: The Chartered Governance Institute UK & Ireland’s response
12 July 2021
On 8 July 2021, The Chartered Governance Institute UK & Ireland responded to the Department for Business, Energy and Industrial Strategy (BEIS) consultation on 'Restoring trust in audit and corporate governance'. Read more
- Code for Sports Governance Review – The Chartered Governance Institute UK & Ireland response
02 July 2021
The Chartered Governance Institute UK & Ireland welcomes today’s announcement on the outcome of the review of the Code for Sports Governance. The Institute is proud to have played its role both in the review process and in supporting Sport England and UK Sport funded organisations via the Sports Governance Academy, which it established in 2020 to improve governance within the sport and physical activity sector. Read more
- Vital board support under threat as governance professionals at risk of burnout
01 July 2021
According to a poll by The Chartered Governance Institute UK & Ireland and governance recruitment specialist The Core Partnership, 82% of company secretaries have seen their workloads increase since the start of the coronavirus pandemic, with 49% stating that their workloads have increased significantly. Despite this, the permanent headcount in secretariat teams has only increased for 24% of company secretarial departments, which suggests a shortfall in the volume of talent required to deliver for organisations. Read more
- Want greater psychological safety and better chairing in your boardroom? Try investing in team alignment, new report finds
04 June 2021
A new report out today from The Chartered Governance Institute UK & Ireland and the Centre for Synchronous Leadership has revealed that many boardrooms have worryingly low levels of psychological safety and are avoiding important conversations that involve vulnerability or challenge. COVID-19 has made this behaviour even more of a liability. Unsurprisingly, the worst offenders are more likely to have poor chairing. However, both characteristics are strongly correlated with the extent to which boards and executive committees invest in team alignment. Read more
- Calling all governance gurus! Nominations now open for the 2021 Awards of The Chartered Governance Institute UK & Ireland – Bailiwick of Guernsey Branch
01 June 2021
The Chartered Governance Institute UK & Ireland – Bailiwick of Guernsey Branch is seeking nominations for this year’s Guernsey Branch Awards. Run each year, the Awards recognise the most talented governance experts and corporate service providers that Guernsey has to offer. Read more
