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A publication outlining the
UK approach to EU company law
and corporate governance was
launched on 20 July 2005. It
encourages UK stakeholders to
get actively engaged in shaping
the future EU agenda in this
area and provides information on
how stakeholders can get
involved.
Companies Annual Report
2004-2005
The report is available
here

The appendix Table D2
'Prosecutions in 2004-2005' is
available
here
Companies Annual Report
2003-2004
The report is available
here
Companies Annual Report
2002-2003
The report is available
here

(Erratum: Please note that in
Table D2 on page 50 the column
headings "Convictions Not
Obtained" and "Convictions"
should be transposed).
Companies Annual Report
2001-2002
The report is available
here
Companies Annual Report
2000-2001
The report is available
here
Deloitte Report on the
Impact of the Directors
Remuneration Report Regulations
2002
The report was published on 25
January 2005. To see the report
click
here.
REPORTS
PRE-EMPTION RIGHTS: FINAL REPORT
A study by Paul Myners into the
impact of shareholders'
pre-emption rights on a public
company's ability to raise new
capital was published by DTI on
10 February 2005.
Final report 1.6 Mb PDF
DTI Press Notice
Responses to the Invitation to
Comment
BUILDING
BETTER BOARDS
Patricia Hewitt launched “Building
Better Boards”, at a Smith
Institute event on 7 December
2004. “Building Better Boards”
is a best practice guide
produced with business groups
and offers recommendations and
tools to help companies improve
recruitment and performance in
the boardroom.
“Building Better Boards” builds
on the recommendations of Derek
Higgs and Laura Tyson for more
diverse and effective
boardrooms.
The new guide:
-
sets out the business case for
effective diversity and better
practices in the boardroom;·
-
cites the benefits for
companies, with evidence from
some of Britain’s best-known
businesses and names;
and,·
-
outlines Government and
business-led initiatives to
develop the talent of a
diverse range of candidates.
DIVERSITY OF FTSE 100 DIRECTORS
One of the
recommendations of the Tyson
report, published in June 2003,
was that 'Research and
measurement should be
implemented to encourage greater
board diversity'. As a result
the DTI commissioned research
from the Cranfield School of
Management to investigate the
levels of ethnic minority
directors in FTSE 100 companies.
The resultant report and its
executive summary are attached
below.
Executive Summary of FTSE Ethnic
Index
Report on the Diversity of FTSE
100 Directors
COMPANIES ACT 1985:
MODEL 212 NOTICE
Section 212 of the Companies Act
1985 gives a public company the
power to investigate the
ownership of its shares.
Companies do this by sending a
written notice (the 212 notice)
to any person or company whom
they have reasonable cause to
believe has, or had, an
"interest" (eg. owns, controls
or has certain rights over
shares) in their relevant share
capital at some time during the
three years immediately
preceding the date of issue of
the 212 notice. The Companies
Act does not specify a set
format for such notices.
However, the DTI is aware that
there is a demand for some form
of guidance as to what could
usefully be included in these
notices and has therefore
produced a
model 212 notice
(15kb),
which companies can adapt for
their own purposes.
DIRECTORS’ REMUNERATION REPORT –
JULY 1999
We appointed
PricewaterhouseCoopers in May
1999 to monitor compliance by
listed companies with the best
practice framework on directors'
remuneration set out in the
Greenbury Code of Best Practice
and the Combined Code. Report on
directors' remuneration.
The
Report (.pdf) was published
on 19 July 1999. (related
Speech) |