Investment Week (March 13)
“The Parker Review has revealed targets to improve the ethnic diversity of the boards of FTSE 350 and the 50 largest private companies in the UK, with a deadline set for December 2027.” While the committee feels the progress being made with the FTSE 350 is satisfactory, it believes “equal access to board positions needs to be matched by actions across all levels in business.”
Tags: Boards, Deadline, December 2027, Equal access, Ethnic diversity, FTSE 350, Parker Review, Progress, Targets, UK
Financial Times (August 4)
In what’s regarded as “a notorious feature of the world’s second-biggest equity market,” the Nikkei newspaper somehow very accurately “previews” earnings results days or weeks before they are officially reported. Authorities in other jurisdictions might worry “about disclosure violations, or a lack of equal access to price-sensitive information…. In Japan, regulators seem to have turned a blind eye to the ‘Nikkei previews.’” As these are only available in Japanese, they may place “non-Japanese readers at a disadvantage,” along with those who don’t read the newspaper and rely instead on the company’s official public results announcements.
Tags: Authorities, Blind, Disadvantage, Disclosure violations, Earnings results, Equal access, Equity market, Japan, Nikkei newspaper, Notorious, Previews, Regulators