

Press Release
Revised Stewardship Code good news for asset owners, but asset managers will need effective monitoring to avoid a tick-box approach, says The Chartered Governance Institute UK & Ireland
The Chartered Governance Institute UK & Ireland has today welcomed the publication by the Financial Reporting Council (FRC) of the UK Stewardship Code 2020 (the Code), believing that the revised version reflects the changing needs of asset owners and public expectations. The governance body believes, however, that the increased focus on reporting to asset owners may have an impact on the quality and quantity of engagement with companies and the emphasis on ESG issues risks provoking more ‘policy statements’ than the ‘outcomes and effectiveness’ focus recommended by the Kingman review. The FRC and its successor will need to monitor asset manager reporting and activity to ensure that this is not the case, the Institute stresses.





Blog
Comment: Governance is rising in East Africa, and the opportunities have never been greater
Barbara Daisy Nabuweke is the Company Secretary at the East African Crude Oil Pipeline (EACOP) Limited . In this comment article she shares her career pivot from law into governance and why now is the perfect time to pursue a career in the industry.