Australia: Superannuation governance - discussion paper published

The Australian Government has published a discussion paper titled Better regulation and governance, enhanced transparency and improved competition in superannuation: see here (pdf). Amongst other things, questions are asked on the appropriate proportion of independent directors for superannuation boards and whether such boards should have independent chairs.

Greece: The Hellenic Corporate Governance Council's code for listed companies

The codes and principles directory maintained by the European Corporate Governance Council has been updated to include a copy of the corporate governance code for listed companies recently published by the Hellenic Corporate Governance Council: see here.

UK: The Small Companies (Micro-Entities’ Accounts) Regulations 2013

The Small Companies (Micro-Entities’ Accounts) Regulations 2013 were made on 28 November and came into force on 1 December: see here or here (pdf). The Regulations introduce exemptions from certain financial reporting requirements for very small companies and permit such companies to prepare and file abridged accounts. In doing so the Regulations partially implement European Directive 2013/34/EU and make changes to the Companies Act 2006. An explanatory memorandum is available here (pdf).

UK: Financial Services (Banking Reform) Bill complete report stage

The Financial Services (Banking Reform) Bill completed report stage in the House of Lords last week. It is scheduled to receive its third reading on 9 December 2013. A copy of the bill, as amended at report stage, is available here or here (pdf).

UK: KPMG's Guide to Directors' Remuneration 2013

KPMG has published its Guide to Directors’ Remuneration 2013, which presents an analysis of the pay of FTSE350 directors: see here (pdf).