On 8 July 2021, The Chartered Governance Institute UK & Ireland responded to the Department for Business, Energy and Industrial Strategy (BEIS) consultation on 'Restoring trust in audit and corporate governance'.

In this podcast, James Beasley, Senior Director at Nasdaq Governance Solutions, discusses how organisations and boards can evolve their risk management practices in response to a changing risk landscape. James outlines how non-financial risks are becoming more prominent and discusses the challenges in managing these less tangible, more complex risks. He argues that their universal nature means that organisations can no longer afford to forgo risk oversight and governance. James describes how many organisations are innovating to ensure they are equipped to manage what is becoming an increasingly complex space.

In this podcast Alex Efthymiades, Director and Founder of Consensio, discusses workplace conflict. Alex argues we aren’t taught the skills we need to successfully navigate conflict; therefore, we avoid it because it feels uncomfortable. However, Alex believes conflict can be positive, enabling us to clear the air and become more productive. She says it’s important to create a workplace environment where healthy conflict can flourish. This can be done by establishing psychological safety where everyone feels able to speak up without being punished. This is particularly important in the boardroom, where constructive challenge is needed to avoid groupthink.

The Chartered Governance Institute UK & Ireland (CGIUKI) has launched a Code of Practice, which will be underpinned by an accreditation framework, to support effective board performance reviews.

The Charities Statement of Recommended Practice (SORP) convenor responsible for gathering the views of trustees on the charity accounting framework has today begun work with trustees to gain an insight into their understanding of the framework. Trustees in England, Wales, Scotland, Northern Ireland and the Republic of Ireland are being asked to complete a questionnaire which will help to clarify their position.

easyJet plc’s company secretariat team has been named ‘Team of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards, after helping the Luton-based company to navigate the COVID-19 pandemic and emerge well-positioned to benefit from the post-pandemic recovery. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker at the London Park Lane Hilton Hotel last night, recognise those individuals and teams who have excelled in good governance, helping their organisations to better serve their stakeholders and local communities in the process.

The question arises once again of the strange blindness of some of those in public office to the recognition and disclosure of actual or potential conflicts of interest.

ICSA: The Chartered Governance Institute has today announced the full line-up of speakers for its 2020 Governance Guernsey conference, which is taking place on 21 October, one of the few live conferences taking place in the British Isles, thanks to strong management of COVID by Guernsey’s government.

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.