General Governance

Good Governance: Can it help Formula One?

Reading Time: 3 minutes Corporate Governance is firmly established in the corporate world, indeed, for many companies it is mandatory. All companies use some form of governance to support their decision-making processes. If legal compliance is the “what” then governance can be seen as the “how”. However, the world of sport has been slower to adopt governance best practice […]

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Explainer Series – The Wates Corporate Governance Principles for Large Private Companies

Reading Time: 2 minutes On 10 December 2018 a new corporate governance code, The Wates Corporate Governance Principles for Large Private Companies, was launched. The principles provide a framework to support a private company meet their legal requirements whilst also promoting the long-term success of the business. Sir James Wates CBE, chaired a coalition group which developed the principles.

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Cricket in Crisis: a Governance Issue? Is it safe to speak up?

Reading Time: 3 minutes Is it safe to speak up? What do the recent racism claims within English cricket show us about the value of good process and practices to support diversity and inclusion? The recent coverage of claims of institutional racism with English cricket highlights that governance continues to fall short within sport but what’s gone wrong and

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Explainer Series – A Code for Sports Governance (Sport England and UK Sport)

Reading Time: 2 minutes The Code for Sports Governance (the “SG Code”) was originally launched in October 2016 and became mandatory for those organisations seeking Government and National Lottery funding from April 2017. A revised version was published in July 2021 with strengthened diversity and inclusion content and a focus on increasing transparency in this area. The SG Code

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Explainer Series – The Charity Governance Code

Reading Time: 3 minutes Launched in 2005, and subsequently refined and reissued, the Charity Governance Code establishes a framework of principles that will help charities of all sizes to raise the bar on their systems, processes and policies. In common with all governance frameworks, if sensitively implemented, this will improve communication and efficiencies, and help to protect the interests

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How to handle Subsidiary Governance

Reading Time: 2 minutes Many companies concentrate their efforts on parent company governance and ignore the subsidiaries within the group. For international groups governance can be highly complex with consideration such as economic substance legislation. International regulatory compliance and filing requirements also differ from country to country so it’s important that the individual(s) managing these obligations are sufficiently skilled

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