This was the subject of a webinar held on 9 February produced through the good offices of the London Stock Exchange Group. A panel of experts representing MM&K, search firm First Flight, Women on Boards and Board Excellence, a specialist in Board Evaluation, considered the question in light of findings in MM&K’s survey of Chairs…

February 16, 2022 Read more >

MM&K (part of the GECN group) is pleased to publish its 2022 research on how the largest listed companies across the world use ESG in their incentives, in its report “2022 and Beyond: Global Trends in the use of ESG Plus Metrics in Executive Incentives”. There can be no doubt that businesses are truly under…

February 16, 2022 Read more >

As most readers will know, carried interest is part of the Private Equity industry’s DNA.  The concept of carried interest, in reality the more common name for the performance fee that a fund manager receives for successfully managing someone else’s money by investing it in private equity, has been an integral part of the private…

February 16, 2022 Read more >

The Financial Conduct Authority (FCA) has published its Policy Statement 21/24 (PS 21/24) which contains its rules on climate change disclosures. These rules affect asset managers, life insurers and FCA-regulated pension providers and requires them to make mandatory disclosures regarding how they take climate-related matters into account in their management or administration of assets on…

February 10, 2022 Read more >

Live webinar – Wednesday 9th February 2022 12:00-13:00 (GMT) Register Join us for this live webinar on Wednesday 9th February at 12:00-13:00 (GMT) where MM&K’s CEO Paul Norris, together with an expert panel from the London Stock Exchange, First Flight Non-Executive Directors, Board Excellence and Women on Boards, will discuss the increasingly demanding and evolving role of NEDs…

February 3, 2022 Read more >

When the dictionaries are updated for the words and phrases of 2021, it is a sure bet that “hybrid working” will be on the list.  But what does this phrase really mean? At its heart, it is an acknowledgment that how we think about people working has to be confronted. Yet, what is equally obvious…

December 7, 2021 Read more >

UK companies with a premium listing are bound by the UK Corporate Governance Code (UKCGC). According to the UKCGC the “remuneration for all non-executive directors should not include share options or other performance-related elements.” This explains why NEDs in the FTSE 100 do not participate in options or LTIPS and, probably, why only a small…

November 4, 2021 Read more >

The FCA’s consultation period has just closed for comments on their proposals around “Diversity and inclusion on company boards and executive committees”. Once the FCA has taken on board any comments, the intention is that these updated rules will apply to all main listed companies from January 2022 (so that reporting will start from 2023).…

November 4, 2021 Read more >

MM&K collected responses from Chairs and NEDs who hold a total of 885 board positions, surveying them on their fees, their use of time, and their opinions and experiences on topics such as board governance, board effectiveness, and more. Life in the Boardroom collects responses directly from NEDs, not from published reports. This includes the…

October 6, 2021 Read more >

In July, the Financial Conduct Authority (FCA) published its policy statement PS21/09 in relation to the implementation of the new Investment Firms Prudential Regime (IFPR) which becomes effective from 1 January 2022. PS21/09 is the second in the series of policy statements that summarises the feedback that the FCA has received in respect of their…

September 8, 2021 Read more >

On Thursday 24th June, Paul Norris, CEO of MM&K, participated in a webinar – “An international perspective on D&I from the GECN Group”.  The webinar asked (and answered) the question, “what should the Compensation Committee’s role be in creating a diverse and inclusive culture?” The GECN (Global Governance and Executive Compensation Group), of which MM&K…

July 15, 2021 Read more >

The Financial Conduct Authority (FCA) is in the process of introducing the new Investment Fund Prudential Regime (IFPR), a single streamlined and simplified prudential regime for FCA authorised MiFID investment firms from 1 January 2022. The IFPR will be greatly aligned with the EU Investment Firms Regulations ((EU) 2019/2033) and the Investment Firms Directive ((EU)…

July 5, 2021 Read more >