Search Results for: Climate change
10 results out of 4041 results found for 'Climate change'.
COSMETICS MARKET IN MYANMAR STARTING TO TAKE OFF
Liberalising Myanmar’s cosmetics market is expected to grow significantly in coming years as it has one of south-east Asia’s largest populations (53 million people) and a growing middle class. However, however consumer sophistication and spending power remains low compared with many countries in the region – its 2014 gross national income per head was USD1,280, according to the World Bank.…
Brexit vote on a knife-edge
Yet the good old British public is defying its political leaders and employers in its tens of millions. Why? There are a number of reasons, some of them more ‘tangible’ than others. I’ll attempt to list the main ones.
IMMIGRATION
The EU is associated in the public mind with immigration because it allows the free movement of labour.…
EUROPEAN DIRECTOR TRAINING VITAL TO SERVE ON A ‘FOREIGN’ BOARD
Significant European Union (EU) company law changes are set to add to the training challenge for non-executive directors who are working on boards outside their home country. The difficulties are compounded where flexibility for member states or companies to implement directives, regulations and recommendations adds local nuances to the know-how required to serve on a board in a jurisdiction with which a director is not previously familiar.…
NON-EXECS MUST PREPARE FOR POLICY AND LAW CHANGES FOLLOWING PARIS CLIMATE DEAL
Board directors are being warned they must anticipate and prepare for significant changes to the way their companies do business in the wake of the international climate change accord agreed in Paris last December (2015). The agreement called on all nations to hold the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels.…
NON-EXECS FACE TOUGH CALLS ON POLICE DATA RELEASE DEMANDS
Non-executive board members will may be well advised to acquaint themselves with new European Union (EU) legislation that may force their companies to yield up data if law enforcement authorities think it may help prevent crime.
New legislation has been passed by the EU amidst continuing debate over the issue of mandatory ‘backdoors’ access to encrypted data – highlighted by the USA Federal Bureau of Investigation’s (FBI) request for information from Apple over the San Bernardino shootings.…
BOARDS GET INCREASED ROLE IN COMPANY AUDITS UNDER EU REFORMS
Board members on company audit committees within the European Union (EU) will see their role grow in importance under revamped EU audit rules that came into force on June 17, experts have advised. A joint European Confederation of Directors Associations (ecoDa) – PricewaterhouseCoopers (PwC) conference on ‘Audit committees at the heart of the Audit Reform’, staged in Brussels, heard how.…
NEW AUDIT RULES COULD DRIVE SMALL ACCOUNTING FIRMS OUT
Small accounting firms could be driven out of Europe’s auditing market by new European Union (EU) audit rules that came into force on June 17 experts warned a joint European Confederation of Directors Associations (ecoDa) – PricewaterhouseCoopers (PwC) conference. Entitled ‘Audit committees at the heart of the Audit Reform’, the Brussels meeting examined the impact of EU directive 2014/56/EU on statutory audits – the law is designed to prevent conflicts of interest between auditors and their clients.…
ACCA CANADA’S ANNUAL GENERAL MEETING HIGHLIGHTS DIVERSITY OF EXPERIENCE AND INCLUSION
Diversity and inclusion: linking culture and accounting’ was the theme for the annual general meeting of ACCA Canada, held at Toronto’s Aga Khan Museum on June 16. In a special presentation, Stephen Shea, EY Canada’s Managing Partner, Talent, explained why the financial sector needed to embrace diversity and inclusion, a concern that is now sufficiently mainstreamed to have its own acronym – D&I. …
JAPAN CORPORATE GOVERNANCE CHANGES SEE PAST ERRORS COMING TO LIGHT
JAPAN’S non-executive board members are facing tough times – globalisation and reforms to Japanese company law are pushing major corporations to admit mistakes that have been swept under the carpet in the past.
Scandals keep on coming. The news for Mitsubishi Motors, for instance, over the last two months has been uniformly bad.…
EUROPEAN DIRECTOR TRAINING VITAL TO SERVE ON A ‘FOREIGN’ BOARD
Significant European Union (EU) company law changes are set to add to the training challenge for non-executive directors who are working on boards outside their home country. The difficulties are compounded where flexibility for member states or companies to implement directives, regulations and recommendations adds local nuances to the know-how required to serve on a board in a jurisdiction with which a director is not previously familiar.…