On 11 November 2024, the Financial Reporting Council (“FRC”) launched a consultation with significant updates proposed to the UK Stewardship Code (the “Code”). The aims of the consultation are to ...

The Financial Services Commission will introduce an implementation review procedure to strengthen the enforceability of the stewardship code. A private body will review and approve the implementation ...

In March 2019, we reported that the UK’s Financial Reporting Council (“FRC”) was consulting on proposed changes to the UK’s Stewardship Code (the “Stewardship Code”) (see our previous memo here).

There will be “significant revisions” to the U.K. Stewardship Code application process, in part to reduce the reporting burden on participants, according to a statement by the code’s organizing body, ...

On the go: The Financial Reporting Council says it has received significantly more applications than expected for the second round of its UK Stewardship Code. A further 100 companies applied to be a ...

In September, 12 asset allocators and managers announced that they had signed on to a new stewardship code that committed them to transitioning their investment portfolios to net-zero greenhouse gas ...

Nguyen, Trang T., and Charles CY Wang. "Stewardship Codes and Shareholder Voting on Disputed Ballot Measures." Harvard Business School Working Paper, No. 20-035, September 2019.

The Democratic Party of Korea is pushing a plan to reflect stewardship code compliance evaluations when selecting delegated asset management firms that operate National Pension funds. The aim is to ...

The University of California today (Oct. 21) became the first U.S. pension plan and endowment fund to sign the Japan Stewardship Code, which aims to promote responsible and sustainable economic growth ...

HONG KONG (Reuters) - Asia has seen vast improvement in corporate governance over the past two years as regulators and securities exchanges tighten rules to boost company performance, raise investor ...