News releases

52% of employees will continue to work remotely in the short term, poll finds

29 July 2020

According to a poll out today from The Chartered Governance Institute and governance recruitment specialist The Core Partnership, 52% of respondents will continue to work remotely for the next few months. 19% will go back to the office on a part-time basis, 19% will go back full time and an additional 10% specified another option. Read more

Governance expert Victoria Penrice named as new President of ICSA: The Chartered Governance Institute

24 July 2020

ICSA: The Chartered Governance Institute is pleased to announce that Victoria Penrice, a chartered governance professional with over thirty years of governance expertise, has been selected to be its new President, effective 1 August 2020. Read more

COVID-19 lockdown: what trustees need to know and do

20 July 2020

The Chartered Governance Institute has today published new guidance for charity trustees and senior management teams, which offers practical steps to help them thoroughly review what needs to be done to open up safely. Read more

New guidance issued about shareholder meetings under the Corporate Insolvency and Governance Act 2020

09 July 2020

The Chartered Governance Institute has today published guidance about ‘Shareholder meetings under the Corporate Insolvency and Governance Act 2020’. The guidance has been drafted by a Working Party of the City of London Law Society Company Law Committee and the Institute, with the support of GC100, the Investment Association and the Quoted Companies Alliance. The Department for Business, Energy and Industrial Strategy and the Financial Reporting Council have both endorsed the guidance, which is an updated version of guidance about AGMs issued by the Institute in March 2020. Read more

‘Reporting that caters to a broader range of stakeholders will benefit the charity sector’, says The Chartered Governance Institute

08 July 2020

The Chartered Governance Institute has today welcomed its appointment as a SORP Engagement Partner Convenor of the SORP Committee, believing that efforts to help improve reporting will benefit the charity sector. Read more

New guidance on conflicts of interests for academy trusts issued by The Chartered Governance Institute

03 July 2020

The Chartered Governance Institute has today published guidance on ‘Managing conflicts of interests (including related party transaction) in academy trusts’. Read more

A brave new world – Psychological resilience in the post-COVID-19 age

24 June 2020

The Chartered Governance Institute’s Isle of Man Branch is pleased to announce that it will be hosting a webinar about psychological resilience in the post-COVID-19 age on Wednesday, 8 July 2020. Read more

A good clerk is governance gold, says The Chartered Governance Institute

23 June 2020

The Chartered Governance Institute has welcomed today’s release by the Education & Skills Funding Agency of its ‘Academies financial handbook 2020’, in which the role of the clerk is recognised for the important advisory support that it brings to academy trusts. Read more

The Chartered Governance Institute publishes guide to corporate reporting

18 June 2020

The Chartered Governance Institute has today published ‘Trust me, I’m listed: Why the annual report matters, and how to do it well’ – an essential guide for anyone involved in corporate reporting. Read more

Professional development remains important even during lockdown, governance body says

04 June 2020

The Chartered Governance Institute has today underlined the importance of continuing professional development during the COVID-19 pandemic with the announcement of a virtual training event for trust and corporate service providers which will take place later this month. Read more

New Risk Committee ToRs published by The Chartered Governance Institute

01 June 2020

The Chartered Governance Institute has today published new Terms of Reference for risk committees, which are intended as a guide for companies to adapt to their needs where the board decides it is necessary or desirable to have a separate risk committee. Read more

Mixed approach to COVID-19 salary sacrifice and dividends, poll finds

21 May 2020

According to a poll out today from The Chartered Governance Institute and governance recruitment specialist The Core Partnership, companies and other organisations are taking a mixed approach to salary sacrifice during the Coronavirus pandemic. Some 41% of executive directors have taken a voluntary reduction in base salary (50% have not), 31% of non-executive directors have taken a reduction (56% have not) and 31% of senior managers on the management board have taken a reduction while 60% have not. There is less disparity in terms of the amount of the reduction with the majority of people across all three groups taking a 20% cut. Read more

The Chartered Governance Institute issues guidance about dividends during Covid-19

01 May 2020

The Chartered Governance Institute has today published guidance for listed companies about the withdrawal or amendment of the dividend resolution at their Annual General Meetings. Prepared with the assistance of Slaughter and May and members of The Chartered Governance Institute, the guidance forms part of a series of guidance that the Institute has published offering advice on the options companies have to run their AGM in the midst of the coronavirus pandemic. Read more

Board response to Covid-19 crisis is viewed positively, poll finds

16 April 2020

Some 80% of respondents to a poll out today from The Chartered Governance Institute and governance recruitment specialist The Core Partnership have confidence in the way their board is handling the current coronavirus pandemic. Just 2% have little confidence in the way their board is responding to the crisis. Read more

Guidance about virtual board meetings issued by The Chartered Governance Institute

28 March 2020

The Chartered Governance Institute has published guidance about virtual board meetings, which aims to help companies struggling with the impact of COVID-19. Drafted in conjunction with Lorraine Young Board Advisory Services, the guidance highlights the key points to bear in mind so that companies can use virtual meetings to good effect while the ban on public meetings is in place to prevent the spread of coronavirus. Read more

Updated guidance about AGMs and the impact of Covid-19 issued

27 March 2020

The Chartered Governance Institute has today published updated guidance about company AGMs and the impact of Covid-19, which reflects the Government ban on public gatherings of more than two people. Prepared by Clifford Chance LLP, Freshfields Bruckhaus Deringer LLP, Linklaters LLP, Slaughter and May and The Chartered Governance Institute, the guidance offers advice on how listed companies incorporated under the UK Companies Act might implement contingency plans in light of the compulsory ‘Stay at Home Measures’ that the British Government has introduced to combat the spread of Coronavirus since the initial guidance was first published on 17 March. Read more

Four-fifths of organisations view sustainable values as important, poll finds

20 March 2020

Some 78% of organisations believe that sustainable values are very important to their community according to a poll out today from The Chartered Governance Institute and governance recruitment specialist The Core Partnership. An additional 22% consider that sustainability is slightly important and no organisations feel that it is unimportant. Read more

Guidance about AGMs and impact of Covid-19 issued

17 March 2020

The Chartered Governance Institute and Slaughter and May have today published guidance about company AGMs and the impact of Covid-19 in order to support British businesses and their shareholders during the coronavirus pandemic. Supported by the FRC, GC100, the Investment Association and the Quoted Companies Alliance, and reviewed by the Department for Business, Energy and Industrial Strategy, the guidance suggests that companies consider their contingency plans in light of the spread of Covid-19. Read more

International governance body establishes branch in Ghana

12 March 2020

The Chartered Governance Institute has today announced the establishment of a branch in Ghana and the election of PwC Manager George Coleman as Chair of the newly formed branch. Ruthy Amakie Strauss-Ashiaby and Josephine Etse have also been appointed to the branch committee as branch secretary and treasurer respectively. Read more

Sport England and The Chartered Governance Institute announce game-changing Sports Governance Academy

27 February 2020

Sport England and The Chartered Governance Institute will today unveil plans to launch a Sports Governance Academy to support, develop and connect people working in the sport and physical activity sector who have an interest in governance. Read more

Climate change moving up the boardroom agenda, latest Boardroom Bellwether finds

24 February 2020

FTSE350 boards are devoting more time to the issue of climate change, the results of a survey published today by The Chartered Governance Institute in association with the Financial Times have shown. Read more

Increased positivity about the economy and Brexit, but not enough to prompt rise in Capex, Bellwether finds

24 February 2020

FTSE350 boards are displaying more confidence in the economy, with the results of a survey published today by The Chartered Governance Institute showing a twofold increase in the number of respondents believing that the global economic outlook will improve in the coming year and a fivefold increase in the number believing that the UK economy will improve. This is not yet enough to encourage greater capital investment, however, despite fears lessening over Brexit, with fewer companies now rating an exit as damaging and the overwhelming majority (81%) not currently considering relocating their head office or listing. Read more

Government action is needed to increase the appeal of employee share schemes, ProShare claims

12 February 2020

ProShare, the voice of the employee share ownership industry in the UK, has today welcomed the report on Employee Share Ownership that was published by the Social Market Foundation at the start of the week, but voiced an opinion that Government action is required to help companies promote the benefits of share ownership more effectively to employees. Read more

Investment markets outlook for 2020: The Chartered Governance Institute IOM branch event

16 January 2020

The new decade is set to herald the start of a new chapter for the European Union with the UK scheduled to leave on 31 January 2020. With that and rising tensions in the Middle East, 2020 could prove to be an unsettling time for the world’s investment markets. In light of this, The Chartered Governance Institute has organised a lunchtime talk entitled ‘What does 2020 hold for investment markets?’ to offer insight into what the year might have in store. Read more

ProShare Awards 2019 Winners Announced at Annual Dinner

05 December 2019

The winners of the ProShare Annual Awards 2019 were announced at a glittering awards dinner in London last night, sponsored by Awards Dinner Partner Barclays Global Stock & Reward Services. Ben Shephard, TV presenter and sports pundit, hosted the Awards, which recognise and celebrate the best companies and individuals involved in employee share ownership. Read more

SECAS Trust Secretary honoured for governance expertise at ICSA Awards 2019

28 November 2019

Peter Lee, Trust Secretary of the South East Coast Ambulance Service NHS Foundation Trust has been awarded an accolade for good governance by The Chartered Governance Institute, organiser of the prestigious ICSA Awards 2019. Peter won the coveted Company Secretary of the Year award at a glittering awards celebration at the Park Lane Hilton in London last night, narrowly pipping Andrew Eames of St. Modwen Properties PLC, who was Highly Commended by the judges, to the award. Read more

East Coast College Director honoured for governance expertise at ICSA Awards 2019

28 November 2019

Wendy Stanger, Director of Governance at East Coast College has been awarded an accolade for good governance by The Chartered Governance Institute, organiser of the prestigious ICSA Awards 2019. Wendy won the coveted Governance Professional of the Year award at a glittering awards celebration at the Park Lane Hilton in London last night. Read more

ICSA Awards 2019 winners announced

28 November 2019

The winners of this year’s ICSA Awards were announced at a glittering awards dinner at the Park Lane Hilton in London last night. Hosted by comedian Simon Evans, the awards welcomed 670 of the UK’s leading governance professionals who were there to celebrate the achievements of those organisations, individuals and teams that are leading the way in good governance and corporate reporting. Read more

ICSA Guernsey Awards 2019 Winners announced at Annual Dinner

20 November 2019

The winners of The Chartered Governance Institute’s ICSA Guernsey Awards 2019, which recognise the achievements of Guernsey’s governance professionals and corporate service providers, were announced at a glittering awards dinner on Friday, 15 November 2019. The academic achievements of the Institute’s local members and students were also celebrated at the ICSA Guernsey Annual Awards Dinner 2019, which took place at the Duke of Richmond Hotel. Read more

Company ownership registration debacle - Just one week to registration deadline - only 23% of Irish companies compliant with new law

14 November 2019

Only 23% of the 234,510 companies that are legally obliged to register their ownership details with the Companies Registration Office by 22nd November 2019 had done so by yesterday, Wednesday 13th November. This, despite the possibility of fines of up to €500,000 in the worst-case scenario. Read more

Good governance is the ultimate secret weapon of the board: Isle of Man seminar

14 November 2019

In light of Moneyval’s new emphasis on the effectiveness of a company’s systems and controls in its fight against money laundering and the financing of terrorism, The Chartered Governance Institute is holding a seminar for the Isle of Man’s governance professionals that will consider ‘Why good governance is the board’s secret weapon’. Read more

Latest Hampton-Alexander Review findings are good, but not good enough, The Chartered Governance Institute says

13 November 2019

The Chartered Governance Institute has today welcomed the publication of the latest report from the Hampton-Alexander Review, but cautioned that while good progress is being made in terms of the number of women being appointed to the board, gender diversity in the executive pipeline is not yet good enough. Read more

Organisations still not providing enough support on mental health, poll finds

11 November 2019

Organisations are still failing to provide enough support to staff in terms of their mental health according to a poll out today from The Chartered Governance Institute and governance recruitment specialist The Core Partnership. Fewer than half (45%) of respondents to the poll believe that their organisation does enough to support staff’s mental health, with over a quarter (26%) stating that their organisation does not do enough. A similar poll a year ago found parallel results: 49% of respondents believed that their organisation did enough to support employees’ mental well-being and 31% believed that their organisation did not. Read more

Lead charity trustees guidance published by The Chartered Governance Institute

05 November 2019

The Chartered Governance Institute has today published guidance on the role of lead charity trustees in England and Wales. The guidance reaffirms the importance of collective responsibility and highlights certain considerations charities should take into account when appointing a lead trustee. It also provides a specimen lead trustee role description to help charities with effective governance practice in this area. Read more

Charity Governance Code consultation launched to refresh the Code

04 November 2019

The steering group responsible for the Charity Governance Code, which promotes good governance practice for charities of all sizes in England and Wales, has today launched a consultation on plans to refresh the Code. Read more

Investigative journalist Geoff White guest speaker at ICSA Guernsey Awards 2019

25 October 2019

Geoff White, co-creator of Edinburgh Fringe Festival sell-out show The Secret Life of Your Mobile Phone, is confirmed as the guest speaker at this year’s ICSA Guernsey Awards 2019. An investigative journalist, prolific writer and accomplished keynote speaker, Geoff will treat guests to a live, interactive phone hacking stage performance, which will show how the global technology industry is harvesting the data leaking from people’s handsets. Read more

Revised Stewardship Code good news for asset owners, but asset managers will need effective monitoring to avoid a tick-box approach, says The Chartered Governance Institute

24 October 2019

The Chartered Governance Institute has today welcomed the publication by the Financial Reporting Council (FRC) of the UK Stewardship Code 2020 (the Code), believing that the revised version reflects the changing needs of asset owners and public expectations. The governance body believes, however, that the increased focus on reporting to asset owners may have an impact on the quality and quantity of engagement with companies and the emphasis on ESG issues risks provoking more ‘policy statements’ than the ‘outcomes and effectiveness’ focus recommended by the Kingman review. The FRC and its successor will need to monitor asset manager reporting and activity to ensure that this is not the case, the Institute stresses. Read more

Charities under the microscope at The Chartered Governance Institute talk

23 October 2019

With the passing into law of the Charities Registration and Regulation Act 2019, many charities on the Isle of Man are taking stock of what they do, how they are governed and what the future may bring. The Chartered Governance Institute is holding a lunchtime talk, therefore, aimed at those working in the charity sector in the Isle of Man and also those working in the field of governance in general. Read more

Data is a critical business asset that needs prioritising, Governance body stresses

09 October 2019

Data should be a priority issue for everyone, regardless of sector or industry, and organisations need to view it as a critical business asset according to The Chartered Governance Institute. Read more

ProShare set to showcase the benefits of employee share ownership at London conference

24 September 2019

ProShare’s 27th annual conference will highlight the latest technological developments and trends in the share plan industry and reaffirm the opportunities share ownership brings to employees. Read more

ICSA renamed The Chartered Governance Institute

20 September 2019

ICSA: The Governance Institute has today announced that it has changed its name to become The Chartered Governance Institute, a move which mirrors the change in name of the international professional body of which it is a division. Read more

Viewing the CMA audit recommendations in isolation risks putting the cart before the horse, The Chartered Governance Institute warns

17 September 2019

The Chartered Governance Institute has advised the Department for Business, Energy and Industrial Strategy to wait before implementing the proposals contained in the CMA Market Study into Statutory Audit Services, believing that now is not the right time. Read more

New guidance launched to help academies’ understanding of CLG model

27 August 2019

Guidance to improve understanding of the companies limited by guarantee (CLG) model and the charity, company and education frameworks within which academies operate has been released today by ICSA: The Governance Institute. Read more

FTSE gloomy about economy but fears lessen over Brexit, Boardroom Bellwether survey finds

27 August 2019

Boards lack confidence in the economy, with 69% of respondents to a survey of FTSE 350 companies published today by The Chartered Governance Institute believing that the UK economy will decline in the coming year. Just 7% expect an improvement and only 10% expect an improvement in the global economy. Despite the gloom, fears appear to be lessening over Brexit with fewer companies now rating an exit as damaging. UK PLC is on the fence about the effect of no-deal Brexit, however, with 40% believing it would be damaging, 40% believing it would not and 20% unsure. Read more

Organisations’ understanding of data not greatly improved by GDPR, poll finds

30 July 2019

The introduction of GDPR has not yet led to a substantial improvement in organisations’ understanding of their data according to a poll out today from ICSA: The Governance Institute and recruitment specialist The Core Partnership. The poll reveals that the majority of organisations surveyed (42%) feel that their understanding of data has stayed the same since GDPR was introduced. Some 39% of respondents believe that their understanding has improved significantly, however, while a further 17% think that is has improved slightly. Read more

Next gen British boards set to remain pale, male and stale, new research finds

09 July 2019

A lack of genuine diversity at the top of British business suggests that there will be little change in the C-Suite in coming years, according to research out today by ICSA: The Governance Institute, London Business School’s Leadership Institute and Elisabeth Marx Associates. Read more

KPMG company secretary honoured for commitment to good governance

19 June 2019

ICSA: The Governance Institute, the professional body for governance, which has a thriving branch in Jamaica, has awarded Elizabeth Henry-Pottinger, company secretary and senior manager at KPMG in Jamaica, the 2019 President’s Medal for meritorious service. Read more

Charity Commission inquiry into Oxfam shows that the three Ps of good governance remain essential

12 June 2019

ICSA: The Governance Institute has today issued a statement in response to the Charity Commission’s inquiry into Oxfam. Read more

Consultation opens into the effectiveness of board evaluation for listed companies

29 May 2019

ICSA: The Governance Institute has today opened a consultation into the effectiveness of independent board evaluation in the UK listed sector. The review, which is being carried out at the request of the Department of Business, Energy and Industrial Strategy, will assess the quality of evaluations and identify ways in which board evaluation might be improved. Read more

Overtime and productivity are out of step, poll finds

24 May 2019

Regularly working more than contracted hours is not leading to an increase in productivity accordingly to a poll out today from ICSA: The Governance Institute and recruitment specialist The Core Partnership. The poll reveals that 72% of company secretaries surveyed work beyond their contracted hours in order to get the job done, with few paid overtime and just 27% believing that productivity is improved by working overtime. Read more

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