The Chartered Governance Institute, UK & Ireland, has responded to the government’s announcement today that it has withdrawn the draft Companies (Strategic Report and Directors’ Report) (Amendment) Regulations 2023, which were laid in Parliament on 19 July and were due to be debated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

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.

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 Chartered Governance Institute UK & Ireland (CGIUKI) welcomes publication today of the first report published by the FTSE Women Leaders Review which shows that almost 40% of UK FTSE 100 board positions are now held by women, gaining the UK an impressive second place in international rankings for female board representation.

The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes publication today of a report from the Financial Reporting Council, conducted with the University of Essex, which shows that the Wates Principles are the most widely adopted corporate governance code used by large private companies.

Nearly 50% of UK companies and not for profits have plans to reach gender parity at board level according to the results of a snapshot survey of governance professionals, conducted by the Chartered Governance Institute for UK & Ireland (CGIUKI) in association with The Core Partnership.

The Chartered Governance Institute UK & Ireland (CGIUKI) welcomes publication today of the update report from Sir John Parker’s review committee on Improving the Ethnic Diversity of UK Boards.

The Cyprus Integrity Forum (CIF) and the Chartered Governance Institute UK & Ireland (CGIUKI) have announced a significant strategic collaboration whereby the CGIUKI will support CIF’s Business Integrity Forum (BIF) programme.

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