LIAS or LIARS?  Our view is that the proposals should be killed at birth.

Multiple corporate failures such as Carillion & Patisserie Valerie show that something has gone wrong with auditing and with the way companies are run. As mentioned on our page “Are you happy with the quality of corporate reporting? Have your say” the Government is trying to fix this.

Companies get into trouble for all sorts of reasons.  Shareholders have a duty of care to ensure the best possible outcome for all stakeholders.

The Governor of the Bank of England replies to a Joint UKSA and ShareSoc letter  about the Archegos fallout. The broad structure is defined.  It is down to individuals to make sure it works – the weak spot. 

Practical action or political stunt?

Follow this link to find out whether we think that the proposals will put Britain at the forefront of mandatory climate reporting or whether this looks more like a political stunt.