The following topics are covered in this issue. Click on the links in the right hand column to read the individual articles or download the entire issue as a PDF.
Extension to shareholding notification regime proposed
CESR is consulting extending the EU major shareholding notification regime to instruments having a similar economic effect to holding shares and entitlements to acquire shares.
FSA proposals on governance in financial institutions
The FSA has published a consultation on effective corporate governance in banks and financial institutions.
PIRC best practice for governance advisers
Pensions Investment Research Consultants has published principles of best practice for proxy voting and corporate governance advisers.
Derivative action given permission to proceed for first time
Permission to continue with a derivative action under section 261 of the Companies Act 2006 has been granted for the first time in England and Wales.