Corporate News – February/March 2018

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Draft Regulations will make it easier for directors to suppress
residential addresses

Draft regulations to make it easier for directors to remove personal addresses from the company register have been published. According to BEIS, the changes will come into force by the end of summer 2018.

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Corporate governance – updated PLSA guidelines

The Pensions and Lifetime Savings Association has published an updated version of its corporate governance and voting guidelines. The new version includes an additional section on sustainability as well as amendments in respect of auditor appointments and share buy backs.

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Corporate reporting - government response to Taylor Review

The government has published its response to the Taylor Review of modern working practices. The review suggested possible changes in respect of corporate governance and reporting on workforce models. In its response, the government notes that recent reforms should result in companies making adequate disclosures on such matters. However, if there is no change in behaviour it will take further action which could include a new requirement for a "People Report".

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Final report on sustainable finance published

The European Commission's High-Level Expert Group on Sustainable Finance has published its final report setting out recommendations for a financial system that supports sustainable investments. The Commission will now move to finalise its strategy on the basis of these recommendations.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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