UK: Large firms fail to comply with FSA code

Article Abstract:

Just 20% of Britain's biggest companies comply with the FSA's combined code of behaviour, says the National Association of Pension Funds' Voting Issues Service, which has named more than 30 firms that have not yet met specific guidelines. Among them are Singer & Friedlander, Amvescap and Old Mutual. The report finds that 49% of the UK's top 400 companies have not yet met the recommendation that directors' pay levels should only be set by independent non-executive board members.

Securities & Commodities Exchanges, Securities and Commodity Exchanges, Security and commodity exchanges, Public Affairs, Statistical Data Included, Public relations

---

UK: FSA's polarisation proposals condemned by CA

Article Abstract:

The UK Financial Services Authority's (FSA) proposed reforms to the polarisation regime have been criticized by the Consumers' Association (CA). The CA's senior policy adviser Mick McAteer has dismissed the FSA's suggestion that the changes will reinvigorate the market and says that they will only appeal to benefit providers and distributors and could lead to the wrong kind of competition.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Banking Regulation, Banking law, Financial Services Authority

---

Similar abstracts:

• Abstracts: Cough/throat remedies & combination products. Cough and cold remedies. Child-specific cough, cold & allergy remedies
• Abstracts: On Using Discrete Random Models within Decision Support Systems. Intervention methodology for complex problems: the FAcT-Mirror method
• Abstracts: Initiating, managing and sustaining corporate transformation: a case study. Stages in the turnaround process: the case of IBM UK
• Abstracts: Denmark: KMC to target the Far East. Denmark: KMC boosts profits. DENMARK: STARCH FIRM AFFECTED BY QUOTA REDUCTION
• Abstracts: Denmark: Vitamin-enriched foods benefit state finances. Denmark: Sales of organic foods on the increase. Denmark: OK to sell Plumrose for DKr1.5bn?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.