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Corporate Manslaughter and Corporate Homicide Act 2007 (Commencement No 2) Order 2010
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Written by Calum Haswell   
Friday, 12 February 2010

The Corporate Manslaughter and Corporate Homicide Act 2007 (Commencement No 2) Order 2010 was made on 9 February and is available on the OPSI website. The Order brings into force Section 10 of the Act on 15 February.

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Guidance for Regulatory and Prosecuting Authorities
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Written by Calum Haswell   
Tuesday, 09 February 2010

Companies Act 2006, Section 508 Guidance for Regulatory and Prosecuting Authorities in England, Wales and Northern Ireland Offences in Connection With Auditors' Reports (Section 507)


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FSA consultation paper on effective corporate governance
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Written by Calum Haswell   
Tuesday, 02 February 2010

The Financial Services Authority has published a consultation paper: Effective corporate governance (Significant influence controlled

functions and the Walker review). This consultation paper sets out a new framework of classification of controlled functions and other changes to the approved persons regime. The document sets out guidance for non-execitive Directors, details of the FSA’s more intrusive approach and proposes implementation of some Walker review recommendations.

 

The consultation paper (PDF) is available on the FSA website.

 

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Unanswered questions from our forums
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Written by Calum Haswell   
Thursday, 28 January 2010

The following topics are awaiting replies in our forums.

 

 

Business rates liability

Misappropriated funds

AGM frequency requirements

 

Directors salary dispute

 

PLC selling subsidiary

 

 

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ICAEW Audit Firm Governance Code
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Written by Calum Haswell   
Tuesday, 19 January 2010
The Institute for Chartered Accountants in England and Wales (ICAEW) has published The Audit Firm Governance Code, which applies to eight audit firms that together audit about 95% of the companies listed on the Main Market of the London Stock Exchange. The code aims to set a benchmark for good governance which other audit firms may wish to voluntarily adopt in full or in part. 

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Updated forms at Companies House: SH03, 0S CH03, OS NM01 and IN01/c
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Written by Calum Haswell   
Wednesday, 13 January 2010
Companies House will be updating some of the new company forms. The new forms will be available from 1 February 2010.

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Jackson on Costs Free Webcast: Available on NLJ website
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Written by Calum Haswell   
Thursday, 07 January 2010
New Law Journal hosted a live panel discussion on the key proposals and practical implications of Lord Justice Jackson’s final report on civil costs litigation on www.newlawjournal.co.uk after the official press conference.

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Companies Act 2006 (Substitution of Section 1201) Regulations 2009
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Written by Calum Haswell   
Monday, 14 December 2009

The Companies Act 2006 (Substitution of Section 1201) Regulations 2009 replace section 1201 of the Companies Act 2006 (c.46) to ensure that this provision complies with Article 16 (freedom to provide services) of Directive 2006/123/EC of the European Parliament and of the Council of 12 December 2006 on services in the internal market (OJ L 376, 27.12.2006, page 36).

 

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Pre-budget report 2009
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Written by Calum Haswell   
Wednesday, 09 December 2009
The chancellor of the exchequer, Alistair Darling, has announced his pre-budget report 2009, ahead of the next budget. The following announcements may be of interest to those who follow company law, or to company directors and company secretaries:

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FRC Consultation: changes to the combined code
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Written by Calum Haswell   
Wednesday, 02 December 2009

The Financial Reporting Council (FRC) has published a final report on its 2009 review of the Combined Code on Corporate Governance. A consultation document accompanies the final report,  setting out proposed changes to the code and inviting comment. Consultation is open until 5 March 2009.

 

Final report

 

Consultation document

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BIS Consultation: Notices of auditors leaving office
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Written by Calum Haswell   
Tuesday, 01 December 2009
The Department for Business, Innovation and Skills has published a consultation paper proposing the simplification of the arrangements for the provision of information when an auditor leaves office.

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