Among the most important factors to consider for companies contemplating board meeting management services are how well-prepared their board is to tackle a crisis scenario, and what exact role the board should play in its resolution. While corporate settings sometimes see dramatic events, these turn into crises when they begin to pose a significant threat to the financial performance, reputation or key shareholder relations of a company.
When the time comes for your organisation’s annual meeting, as a shareholder, it is likely that you will be asking yourself whether each member of your board is still qualified for their position.
It is certainly a question that should be carefully considered by prospective and current users of board secretary services like those that London Registrars can provide, but it is not the only one that is important.
That’s because it is also vital to think about your firm’s board as a whole, and whether its mix of people is the right one for the company.
As the 2016 Autumn Statement promised, this week saw the presentation of the final Spring Budget, which – given plans for an annual budget presentation providing a longer-term outlook – focused on areas of potential change since the Autumn Statement, such as the deficit. The Budget also sought to reaffirm the new government’s vision of how it would achieve a “stronger, better, fairer Britain”.
Firms using corporate secretary services like those of London Registrars are therefore likely to be particularly heartened by the Chancellor of the Exchequer Philip Hammond’s reiteration of the government’s commitment to preserving Britain’s status as a premier global business destination.
Of interest to many an AIM company secretary wishing to ensure compliance within their organisation will be disciplinary action recently taken by the AIM Disciplinary Committee (ADC) in relation to an AIM company breaching rules by failing to provide its nominated adviser (nomad) with “information reasonably required to carry out the nomad’s responsibilities”. Continue reading
Modern slavery, in its various forms, affects around 21 million people worldwide and is a multi-billion pound industry. It is surprising that slavery even exists in the 21st century, but it does. In 2015, then-Home Secretary Theresa May introduced the Modern Slavery Act to try to prevent UK businesses from becoming part of the problem.
The UK electorate’s decision to leave the European Union has triggered a period of uncertainty for the nation until Article 50 is triggered at some point next year. Jobs, economic growth and freedom of movement are sure to be big issues for the public, but perhaps one area that is likely to see especially great, albeit largely unforeseen change as a result of the vote is corporate governance. Continue reading
The EU Market Abuse Regulation (MAR) came into force on 3rd July 2016, entirely replacing the outgoing Market Abuse Directive, with the intention of expanding and developing the existing market abuse regulations and establishing a more uniform regime across all member states to reduce complexity while maximising legal certainty. Continue reading