Your English writing platform
Discover LudwigExact(7)
In Britain, the Financial Reporting Council has proposed a "stewardship code" to invigorate institutional investors.
That is the aim of a Stewardship Code put out on July 2nd by the government-sponsored Financial Reporting Council.
" We need to get the Stewardship Code working properly, the quality of audit improved and we have to work with international authorities on setting standards for accountants".
Artemis, Capital International, Invesco Perpetual, J O Hambro Capital Management, Santander, and Wellington, do not disclose their AGM voting record, although all have signed the Stewardship Code, which includes a requirement to provide periodic reports on voting.
The Financial Reporting Council will today announce that it has persuaded 68 organisations to sign up publicly to its Stewardship Code, the initiative it launched last year following criticism of institutional investors' failure to rein in the excesses of banks and others during the financial crisis.
While the FRC is something of a mongrel of a watchdog, it has a huge territory to guard: it sets the standards within which auditors, accountants and actuaries work in the UK as well as being sponsor of the UK Corporate Governance Code for companies and the Stewardship Code for investors.
Similar(52)
The select committee is investigating the stewardship of the ministerial code.
Druckman also pointed to the birth of the concept of "stewardship" embedded in investor codes in countries such as South Africa, Malaysia, Japan, Australia and the Netherlands, and highlighted Brazil's BM&F Bovespa which recently announced that it would be encouraging businesses listed on its platform to produce an integrated or sustainability report on a "report-or-explain" basis.
A total of 2.8% of articles in Morocco were coded under Policy authority and specifically stewardship of the non-state sector.
In the Patriot's Moral Code, freedom from sacrifice is cowardice, freedom from stewardship is exploitation, and freedom from compassion is cruelty.
The banks' new code of conduct will centre on five values - respect, integrity, service, excellence and stewardship.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com