An informative article in the Financial Times on the influence of proxy advisors in the UK, particularly topical in this so-called “shareholder spring”. (As an aside, it’s sad that by using that term, corporate governance commentators implicitly compare themselves to the brave citizens of Arab states who have literally fought, and died, for change.)
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11 June 2012
The influence of proxy advisors: ISS is now the largest player in the UK
11 June 2012
Green Investment Bank: House of Common Library paper on structure, priorities and location
The House of Common Library has published a paper on the Green Investment Bank (GIB). The paper covers the background to the GIB, its structure, priorities for investment and location, and the foundation of the GIB by means of the Enterprise and Regulatory Reform Bill.
From the Library’s summary of its paper:
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11 June 2012
City insider appointed as chairman of the Financial Conduct Authority
HM Treasury has announced today that John Griffith-Jones, the current chairman of KPMG in the UK, has been appointed as the non-executive Chair designate of the Financial Conduct Authority.
An interesting choice, given that in March 2011 a House of Lords committee described the Big Four auditors as “culpably unaware” of the dangers of a bank meltdown in 2008.
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