Press Releases

As a result of the decision to prioritise its role as a standard setter and registration body, CGIUKI is no longer providing board performance reviews through its in-house board evaluation service, CGI Board Evaluation.

On 6 March 2024, Jeremy Hunt will deliver the Spring Budget, the last anticipated fiscal event before a general election later this year.

On Friday The Chartered Governance Institute UK & Ireland wrote to Kemi Badenoch to remind the government about the need to complete audit reform. Its now over six years since Carillon plc failed (January 2018) and yet the markets are still waiting for key changes that will restore confidence in financial statements.

CGIUKI has welcomed the FRC’s new Corporate Governance Code but cautioned that governance and regulatory reform remains incomplete.

On Friday 5th January, Sara Drake, CEO of CGIUKI wrote to Bim Afolami MP, the Treasury Minister, urging him to call an emergency meeting to review the UK's delisting problem.

CGI welcomes the plan for a new independent regulator in English football which was announced in the King's Speech but we are concerned that expectations of reform are unrealistically high, and that the Football Governance Bill announced in the King’s Speech on 7th November is promising more than it can possibly deliver.

The Prime Minister’s announcement yesterday of a new AI Safety Institute to explore the risks of AI developments is a very welcome step forward, as is the announced funding for a super computer and quantum computers which will be available to businesses. However, UK corporate boards must get a move on to prepare for the challenges ahead.

The Chartered Governance Institute, UK & Ireland, has responded to the government’s announcement today that it has withdrawn the draft Companies (Strategic Report and Directors’ Report) (Amendment) Regulations 2023, which were laid in Parliament on 19 July and were due to be debated in Parliament this month.

An article in the Financial Times on 10 September reported that a group of lawyers and academics had criticised the Financial Reporting Council’s review of the UK Corporate Governance Code for an “extraordinary omission” by not formalising the role of the general counsel in the Code.

The Chartered Governance Institute, UK & Ireland, has responded to the Financial Reporting Council (FRC) consultation on the review of the UK Corporate Governance Code (the Code) to urge it to protect the huge benefits of the strong governance environment in the UK, balancing the desire to improve the Code against the proportionality of any additional reporting.

The Chartered Governance Institute of the UK and Ireland (CGIUKI) has launched its series of accreditation and training programmes to lift the standard for board performance reviews.

A survey of FTSE 350 companies published today finds that the UK’s largest companies are tentatively more optimistic about the global and UK economy – and that every single one of them has taken action to support employees through the cost-of-living crisis.