Link: Higgs’ report special
Ken Rushton, head of listings at the chief city watchdog, criticised the report, according to an article in the FT today.
He described the new responsibilities facing non-executive directors as too ‘prescriptive’ and said they could lead to a ‘one-size-fits-all’ rule book.
Rushton also criticised the Financial Reporting Council, the new independent accounting watchdog, for not undertaking enough consultation on the Higgs review, which is set to be incorporated in the new Combined Code on Corporate Governance.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements