ICSA: The Chartered Governance Institute has today published new guidance about company AGMs and the impact of Covid-19, which reflects the continuing impact of the coronavirus pandemic on companies’ ability to hold physical general meetings. Prepared in association with the City of London Law Society Company Law Committee and Martin Moore QC, with the support of the Department for Business, Energy and Industrial Strategy and the Financial Reporting Council, the guidance offers advice on how listed companies might hold meetings during the 2021 AGM season.

The Chartered Governance Institute has today welcomed the Government’s proposals to reform the UK audit market and strengthen the country’s corporate governance regime, but stressed that the proposed legislation around audit has to be evaluated on how well it addresses core concerns on the role of audit, the degree of professional scepticism exercised by auditors and the lack of trust in the ability of auditors outside the Big Four.

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'.

The clerking role is not given the weight it deserves because the term ‘clerk’ does not reflect the important governance work that they do, according to ICSA: The Chartered Governance Institute. The term ‘governance professional’ better reflects the important advisory and supporting role that they play and the DfE should introduce the mandatory requirement in law for academy trusts above a certain threshold to employ a qualified governance professional. Furthermore, the DfE should provide guidance to ensure the remuneration of a governance professional reflects the level of responsibility required to support the board with its many legal, regulatory, educational and ethical requirements.

Paul McCullagh, Company Secretary at Dublin-based Barclays Europe has been named Company Secretary of the Year by ICSA: The Chartered Governance Institute at the Institute’s 2020 Awards. Paul was recognised for his drive and commitment to ensure Barclays Europe is at the forefront of best practice corporate governance, something which has earned him the respect and confidence of the Board.

A survey of FTSE 350 companies out today finds that British boards are optimistic about the economy and much more focussed on climate change than was previously the case. They are also aligned on the importance of employees and corporate culture, according to the report published by The Chartered Governance Institute UK & Ireland in association with the Financial Times.

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.

Nicola Caroll, Corporate Governance Director at Rolls-Royce Holdings plc, and Robert Lyons, Deputy Company Secretary at Marks and Spencer Group plc have been jointly named ‘Governance Professional of the Year’ at The Chartered Governance Institute UK & Ireland’s 2021 Awards, which took place at the London Park Lane Hilton Hotel last night. The Awards, which were hosted by BBC Breakfast presenter and Strictly Come Dancing contestant Dan Walker, recognise those individuals and teams who have excelled in good governance, helping organisations to better serve their stakeholders and society in the process.

Good governance is at the heart of bridging the gap between the role of the football club in society and its role as a private business.”says The Chartered Institute of Governance UK & Ireland.