The Chartered Governance Institute UK & Ireland has today published new Terms of Reference for risk committees, which are intended as a guide for companies to adapt to their needs where the board decides it is necessary or desirable to have a separate risk committee.

The Chartered Governance Institute has welcomed today’s release by the Education & Skills Funding Agency of its ‘Academies financial handbook 2020’, in which the role of the clerk is recognised for the important advisory support that it brings to academy trusts.

The Chartered Governance Institute has today published guidance about ‘Shareholder meetings under the Corporate Insolvency and Governance Act 2020’. The guidance has been drafted by a Working Party of the City of London Law Society Company Law Committee and the Institute, with the support of GC100, the Investment Association and the Quoted Companies Alliance. The Department for Business, Energy and Industrial Strategy and the Financial Reporting Council have both endorsed the guidance, which is an updated version of guidance about AGMs issued by the Institute in March 2020.

ICSA: The Chartered Governance Institute is delighted that the government has extended the flexibilities around the arrangement of company meetings during the COVID-19 pandemic included in the Corporate Insolvency and Governance Act 2020 (the Act) to 30 December 2020.

The Chartered Governance Institute UK & Ireland has today welcomed the publication by the Financial Reporting Council (FRC) of the UK Stewardship Code 2020 (the Code), believing that the revised version reflects the changing needs of asset owners and public expectations. The governance body believes, however, that the increased focus on reporting to asset owners may have an impact on the quality and quantity of engagement with companies and the emphasis on ESG issues risks provoking more ‘policy statements’ than the ‘outcomes and effectiveness’ focus recommended by the Kingman review. The FRC and its successor will need to monitor asset manager reporting and activity to ensure that this is not the case, the Institute stresses.

Wendy Stanger, Director of Governance at East Coast College has been awarded an accolade for good governance by The Chartered Governance Institute UK & Ireland, organiser of the prestigious CGIUKI Awards 2019. Wendy won the coveted Governance Professional of the Year award at a glittering awards celebration at the Park Lane Hilton in London last night.

Peter Lee, Trust Secretary of the South East Coast Ambulance Service NHS Foundation Trust has been awarded an accolade for good governance by The Chartered Governance Institute, organiser of the prestigious ICSA Awards 2019. Peter won the coveted Company Secretary of the Year award at a glittering awards celebration at the Park Lane Hilton in London last night, narrowly pipping Andrew Eames of St. Modwen Properties PLC, who was Highly Commended by the judges, to the award.

This year, nine out of ten of the most valuable companies in the world are data companies or firms whose business model is heavily dependent on data.

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.