UK: FCA consultation - workplace pensions and independent governance committees

The Financial Conduct Authority has published for consultation the rules it proposes to make in order to require certain firms to establish independent governance committees in respect of their workplace personal pension schemes: see here (pdf).

UK: Part V of the Walker Guidelines - amended version published

Part V of the Guidelines for Disclosure and Transparency in Private Equity (also known as the Walker Guidelines) were amended last month. The amended version of Part V is available here (pdf) and replaces part V and Annex D from the Guidelines issued in 2007.

The fourth edition of the ICGN Global Governance Principles

The codes and principles directory maintained by the European Corporate Governance Institute was updated yesterday with a copy of the fourth edition of the Global Governance Principles published by the International Corporate Governance Network: see here.

Europe: Single Resolution Mechanism Regulation published

The 30 July 2014 (L225) edition of the Official Journal of the European Union contains Regulation (EU) No 806/2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund: see here. Background information is available here.

UK: FCA consults on transposition of the Recovery and Resolution Directive

The Financial Conduct Authority has published for consultation the changes it proposes to make to its Handbook as part of the UK's transposition of European Directive 2014/59/EU on the establishment of a framework for the recovery and resolution of credit institutions and investment firms: see here (pdf). The Prudential Regulation Authority is also undertaking a consultation in respect of the changes it will make to its Handbook: see here.