Press Releases

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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.

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.

The Chartered Governance Institute UK & Ireland – Isle of Man Branch is delighted to announce the names of those students who have achieved the highest marks at branch level in the Institute’s November 2020 examinations. Students were recognised for their success in the autumn exam sessions for the Institute’s Chartered Governance Qualifying Programme (CGQP) and its International Finance and Administration (IFA) qualifications.

The Chartered Governance Institute UK & Ireland has today published new guidance for academy trusts, proposing model terms of reference for Multi-Academy Trust (MAT) Remuneration and Audit and Risk committees. The guidance will be useful to any trusts seeking to strengthen their governance arrangements and comply with the requirements of the Department for Education and the Education and Skills Funding Agency.

A new report out today from The Chartered Governance Institute UK & Ireland and the Centre for Synchronous Leadership (CSL) has highlighted the dangers of business leaders having blind spots and puts forward a convincing case for businesses to get on the front foot with emerging trends and issues. It provides a deep understanding of the systemic issues that are causing business leaders to be insular, or ‘Bubble Bound’ to coin a phrase used in the report, and uses quantitative data to show the benefit of being more open to difference.

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According to a poll by ICSA: The Chartered Governance Institute and governance recruitment specialist The Core Partnership, 73% of companies think that there should be more transparent reporting and disclosures about environmental, social and governance (ESG) matters. Just 16% of organisations polled are against this and an additional 11% are unsure.

The Chartered Governance Institute has today welcomed the Government’s proposals to reform the UK audit market and strengthen the country’s corporate governance regime, but stressed that the proposed legislation around audit has to be evaluated on how well it addresses core concerns on the role of audit, the degree of professional scepticism exercised by auditors and the lack of trust in the ability of auditors outside the Big Four.

Responding to today's Budget, ProShare – the body representing employee share ownership (ESO) in the UK – said that the absence of reforms to all-employee share plans was "disappointing". By choosing not to introduce changes to the way the Share Incentive Plan (SIP) and Save As You Earn (SAYE) plans operate the Chancellor had "missed a big opportunity" to drive up employee share ownership in the UK.

ICSA: The Chartered Governance Institute has today published the findings of a survey of charity trustees in the UK and Republic of Ireland which shows that there is a considerable desire for there to be clearer and simpler guidance about reporting. The survey also reflects some level of concern that reporting requirements are too long and complicated for a non-financial trustee.

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