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UK Corporate Update 

22 September 2011 

22 September 2011

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. 

  • BIS consultation on new narrative reporting framework
    The Department for Business, Innovation and Skills has published a consultation on the future of narrative reporting. 
  • Executive remuneration
    The Department for Business, Innovation and Skills has published a discussion paper on executive remuneration.
  • Review of UK equity markets – call for evidence
    A call for evidence has been published, by Professor Kay as part of his review of the UK equity markets.
     
  • Companies need not check major shareholding notifications
    The FSA is consulting on changing the Disclosure and Transparency Rules to clarify that an issuer is not obliged to verify notifications of interests in shares that it receives under DTR 5.
  • Audit fees disclosure
    Regulations providing that large companies must disclose audit and non-audit services provided by their auditor and fees receivable in respect of those services have been amended.
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