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FSA expectations of directors and senior management

A&L Goodbody
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Ireland, United Kingdom
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May 30 2009

On 7 May 2009, the FSA's Chief Executive, Hector Sants, made a speech on effective governance and risk management

Remit of Small Claims Court extended to business claims

A&L Goodbody
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Ireland, United Kingdom
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January 12 2010

New legislation has been introduced extending the remit of the Small Claims Procedure to include certain business claims

New UK Corporate Governance Code replaces "Combined Code" and ISE plan consultation on similar revision for Ireland

A&L Goodbody
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Ireland, United Kingdom
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June 1 2010

On 28 May 2010, the Financial Reporting Council (FRC) in the UK published the final version of the UK Corporate Governance (the Code) which replaces the Combined Code

UK Bribery Act 2010 has implications for Irish companies doing business in UK

A&L Goodbody
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Ireland, United Kingdom
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April 13 2010

The UK Bribery Act 2010 has recently received Royal Assent and is expected to come into force later this year

The UK's Financial Reporting Council opens consultation on gender diversity on boards

A&L Goodbody
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Ireland, United Kingdom
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May 24 2011

The Financial Reporting Council in the UK (the FRC) has opened a consultation on whether the UK Corporate Governance Code (the Code) should be amended to include a requirement on listed companies to publish their policy on the issue of gender diversity on boards and to report on the progress made in achieving the objectives set out in this policy on an annual basis

Director liability for environmental clean up

A&L Goodbody
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Ireland, United Kingdom
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March 8 2011

On 3 March 2011, Mr Justice Edwards in the High Court held that the courts do not have jurisdiction to pierce the corporate veil and impose so called "fall back" liability on directors personally for environmental cleanup

Third UK company convicted of corporate manslaughter

A&L Goodbody
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Ireland, United Kingdom
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July 24 2012

A third UK company, Lion Steel Ltd, has been convicted of corporate manslaughter under the UK Corporate Manslaughter and Corporate Homicide Act 2007, for the death of an employee who fell more than 40ft from the factory’s roof, onto which he had gone to repair a leak

Recent developments in corporate governance

A&L Goodbody
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Ireland, United Kingdom
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July 24 2012

We have set out here a round-up of some of the recent developments in corporate governance over the last month

New UK consultation on shareholder voting rights on executive pay

A&L Goodbody
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Ireland, United Kingdom
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March 20 2012

On 14 March, the UK Secretary of State for Business, Vince Cable, announced a consultation on enhanced shareholder voting rights on executive pay in UK quoted companies