Corporate weekly highlights—23 March 2017

Corporate weekly highlights—23 March 2017
Welcome to the weekly highlights from the Lexis®PSL Corporate team for the week ending 23 March 2017, which provide news updates and a comprehensive list of dates for your diary. This week’s edition features: analysis of the green paper on Corporate Governance Reform, Reporting on Payment Practices and Performance Regulations 2017, Limited Liability Partnerships (Reporting on Payment Practices and Performance) Regulations 2017, ESMA’s newly published tables on compliance with the Market Abuse Reuglation guidelines, the FRC’s risk and viability reporting project, HM Treasury’s consultation on the powers of the Office for Professional Body Anti-Money Laundering Supervision, and news that the EU (Notification of Withdrawal) Bill has been given Royal Assent. 
This analysis is part of the Lexis®PSL Corporate team’s news offering. Some of the links require a LexisPSL subscription. If you are not a subscriber, you can take a free trial here.

Headlines (News updates & analysis)

Corporate governance

UK Corporate Governance—under review

With the government adopting a stern tone on the importance of good behaviour in the corporate world, the Financial Reporting Council (FRC) has begun a review that will help inform responses to the recent green paper on Corporate Governance Reform that seeks to address the issue. Stressing an increasing emphasis on transparency and reporting, and the spectre of shareholder concerns over executive pay, Eleanor Davison, of Fountain Court Chambers, presents an overview of what lies in store for companies and their lawyers.

For details see News Analysis, UK Corporate Governance—under review.

Payment practices

Reporting on Payment Practices and Performance Regulations 2017

The Reporting on Payment Practices and Performance Regulations 2017 have been updated. The regulations impose a reporting requirement on large companies to publish certain information each financial year about their practices, policies and performance in relation to paying suppliers.

Among other things, the changes set out: a duty on a qualifying company to publish, for each reporting period, information on its payment practices and policies in relation to qualifying contracts

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