Press Release
Governance expert Victoria Penrice named as new President of ICSA: The Chartered Governance Institute
ICSA: The Chartered Governance Institute is pleased to announce that Victoria Penrice, a chartered governance professional with over thirty years of governance expertise, has been selected to be its new President, effective 1 August 2020.
Press Release
New guidance issued about shareholder meetings under the Corporate Insolvency and Governance Act 2020
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.
Press Release
‘Reporting that caters to a broader range of stakeholders will benefit the charity sector’, says The Chartered Governance Institute
The Chartered Governance Institute has today welcomed its appointment as a SORP Engagement Partner Convenor of the SORP Committee, believing that efforts to help improve reporting will benefit the charity sector.
Press Release
A good clerk is governance gold, says The Chartered Governance Institute
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.
Press Release
Professional development remains important even during lockdown, governance body says
The Chartered Governance Institute has today underlined the importance of continuing professional development during the COVID-19 pandemic with the announcement of a virtual training event for trust and corporate service providers which will take place later this month.
Press Release
New Risk Committee ToRs published by The Chartered Governance Institute UK & Ireland
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.
Press Release
Mixed approach to COVID-19 salary sacrifice and dividends, poll finds
According to a poll out today from The Chartered Governance Institute UK & Ireland and governance recruitment specialist The Core Partnership, companies and other organisations are taking a mixed approach to salary sacrifice during the Coronavirus pandemic. Some 41% of executive directors have taken a voluntary reduction in base salary (50% have not), 31% of non-executive directors have taken a reduction (56% have not) and 31% of senior managers on the management board have taken a reduction while 60% have not. There is less disparity in terms of the amount of the reduction with the majority of people across all three groups taking a 20% cut.
Press Release
The Chartered Governance Institute UK & Ireland issues guidance about dividends during Covid-19
The Chartered Governance Institute UK & Ireland has today published guidance for listed companies about the withdrawal or amendment of the dividend resolution at their Annual General Meetings. Prepared with the assistance of Slaughter and May and members of The Chartered Governance Institute UK & Ireland, the guidance forms part of a series of guidance that the Institute has published offering advice on the options companies have to run their AGM in the midst of the coronavirus pandemic.