Since we began merger discussions, UKSA and ShareSoc have worked together on policy and campaigning issues. Below is a list of issues where we have made a significant input. This shows the wide number of areas where we have been active since 1st January 2017 (Updated 25th October 2018).
Date | Document | Recipient | Drafted by | Notes |
December 2018 (Started Dec 2016) | RBS Shareholder committee campaign | RBS/Media | ShareSoc (CW) | Supported by UKSA |
November 2018 | Procurement of Audit services
(Kingman Part II) |
Sir John Kingman | PP with CW | Joint submission from UKSA and SS |
October 2018 | Competition and Markets Authority (CMA) consultation on competition in the audit market | CMA | PP with CW | Joint submission from UKSA and SS |
October 2018 | Consultation on ‘Illiquid assets and open ended funds’. | FCA | CW with minor input from PP | Joint submission from SS and UKSA |
September 2018 | Unilever campaign. letters to MPs and press quotes | MPs and media | CW with PP | Joint SS / UKSA Campaign |
September 2018 | Investment platforms market study | FCA | CW with PP | Joint submission from UKSA and SS |
August 2018 | Kingman review of the FRC | BEIS / Sir John Kingman | PP with CW | Joint submission from UKSA and SS |
June 2018 | BEIS Consultation on Insolvency and corporate Governance | BEIS | PP with CW | Joint submission from UKSA and SS |
May 2018 | Beaufort Securities re treatment of customers assets and PWC fees | Regulators / MPs/ media | Masterminded by SS supported by UKSA | Joint SS / UKSA campaign |
May 2018 | Campaign to encourage members to write to MPs about Beaufort Securities re nominee risks | Regulators / MPs/ media | Masterminded by SS supported by UKSA | Joint SS / UKSA campaign |
May 2018
(ongoing) |
Shareholder Rights Campaign to encourage members to write to MPs about SRD II implementation and name on register | Regulators / MPs/ media | Masterminded by SS supported by UKSA | Joint SS / UKSA campaign |
April
2018 |
BEIS Consultation on SRD II | BEIS | CW with input from PP | Joint submission from UKSA and SS |
April
2018 |
Aviva Irredeemable Prefs campaign | Treasury Select C’ttee and media | CW and PP | Coordinated input by UKSA and SS |
March 2018 | Response to FCA on its approach to competition | FCA | PP with input from CW | Joint submission from UKSA & SS |
February 2018 | FCA Approach to consumers | FCA | JH/ MGW/ CW | Joint submission from UKSA and SS |
February 2018 | Letter to Chris Shaw at BEIS re Carillion | BEIS | CW | Joint submission from UKSA and SS |
February 2018 | FRC consultation on updated Corporate Governance Code | FRC | PP with input from CW | Joint submission from UKSA & SS |
February 2018 | Feedback to FRC on Priorities and Draft Budget for 2018 19 | FRC | PP with input from CW | Joint submission from UKSA & SS |
January 2018 (ongoing) | Blancco. Campaign re audit problems and market abuse. | FRC, FCA | ShareSoc (Bruce Noble and CW) | ShareSoc campaign |
January 2018 | Open letter – Are Profits Real? | FRC + media | Sarasin & Partners | Jointly signed by UKSA |
2017 | ||||
October 2017 | Feedback to FRC on draft amendments to guidance on the strategic report. | FRC | PP+CW | Joint submission |
October 2017 | Position paper – Investors require independent regulator | FRC + others | Sarasin & Partners | Jointly signed by UKSA |
September 2017 | Patient capital review | HM Treasury | CW with input from PP | Sent in as SS document. |
September 2017 | Talk on 2007/8 Banking Crisis – underlying causes. | Transparency Taskforce | MGW | Presentation at TT event by MGW. |
June 2017 | Review of FRC enforcement procedures sanctions | FRC | PP + CW | Joint submission |
June 2017 | Letter to FT on bank capital requirements | FT | Sarasin & Partners | Jointly signed by UKSA and others |
February 2017 | Response to FCA Asset Management Market Study | FCA | MGW | UKSA submission |
January 2017 Joint submission | Response to Government Green Paper on Corporate Governance | BEIS | PP + CW | Identical submissions from both UKSA & SS |
January 2017 | Response to FCA Mission Statement | FCA | PP | Identical submissions from UKSA and SS |
Others | ||||
Nov 2016 (ongoing) | Redcentric. Campaign re audit problems and market abuse. | FRC, FCA | ShareSoc (Mark Bentley) | ShareSoc campaign |
Nov 2015
(closed in 2018) |
Globo. Campaign re audit problems and market abuse. | FRC, FCA | ShareSoc (Roger Lawson) | ShareSoc campaign |
2015 (ongoing) | Foresight 4. Various issues. | FRC | ShareSoc
(Tim Grattan) |
ShareSoc campaign |
These campaigns, consultation responses and policy take up considerable time and resources. If any member has an interest and wishes to help out, that would be most helpful. Those interested please contact Cliff Weight via info@sharesoc.org
CW= Cliff Weight
PP= Peter Parry
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