Saturday, 1 May 2021

UK: Financial Services Bill receives Royal Assent

The Financial Services Bill received Royal Assent last Thursday thereby becoming the Financial Services Act 2021.  A copy of the Act is available here (pdf). The accompanying explanatory memorandum has not yet been published; reference can, instead, be made to the briefing paper provided by the House of Commons Library: see here (pdf). 

Hong Kong: consultation on the Governance Code and related Listing Rules

The Hong Kong Exchange has begun a consultation in respect of proposed changes to the Hong Kong Corporate Governance Code, including related Listing Rules: see here (pdf). 

Nigeria: new edition of the Corporate Governance Guidelines for Insurance and Reinsurance Companies

Earlier this year the National Insurance Commission published a new edition of its Corporate Governance Guidelines for Insurance and Reinsurance Companies: see here (pdf). 

Malaysia: Securities Commission publishes new edition of Malaysian Code on Corporate Governance Code

At the end of last month (on the 28th to be precise) the Securities Commission published a new edition of its Corporate Governance Code. A copy of the Code is available here (pdf), with further information available in the accompanying FAQs (pdf) and press release

Japan: new governance and stewardship codes

The Council of Experts, set-up to review Japan's governance and stewardships codes, has published, in draft form, new editions of both codes: see, in English, here (pdf) and here (pdf).