Corporate governance - Vigil

The notice is in connection with the company’s disclosure of the impact of falsified income information found on some loan applications, and remedial steps taken

“I think the potential of the CSeries is extremely interesting… I think it’s part of life for an aircraft manufacturing company to receive some support in equity or loans from their governments. Personally, I think the reality is Bombardier specializes in business jets now they are moving towards commercial jets. This transformation needs cash, needs support…I think we should be proud  as Canadians that the federal government is giving support to Bombardier  –  Michel Nadeau, chief director, Institute of Governance 

President Donald Trump has opened the door for sweeping changes to the way financial institutions -- big and small -- are regulated. He signed an executive order calling for a review of the laws that govern the U.S. financial system in an opening bid to upend the Dodd-Frank Act, the financial reform legislation passed in 2010. Banks and other financial institutions are dusting off their wish lists in hopes of trimming, if not killing, some of the most costly portions of the law. Here is a guide to the areas of Dodd-Frank most likely to be rolled back during the Trump administration.

The year was yet another eventful one in securities litigation, from the expanded application of Omnicare and Halliburton II, to several significant decisions from the Delaware courts regarding, among other things, the bounds of collateral estoppel analysis and the principles for determining whether a claim is direct or derivative. The year-end update highlights what you most need to know in securities litigation developments and trends for the last half of 2016:

A third of shareholders at AGM oppose bonus for Peter Fankhauser worth £1.6m a year while a fifth reject firm’s pay policy

After two days of interrogations, Mossack and Fonseca got cuffed.

Indeed, there are many defenders of the practice. “Dual class shares are a pillar of our industrial structure,” wrote Yvan Allaire last year, executive chair at the Institute for Governance of Private and Public Organizations in Montreal. “That ownership structure should be encouraged, promoted and blessed, provided proper safeguards are in place to protect minority shareholders.” (It’s worth noting Allaire is a former member of Bombardier’s board of directors.)

CSX extended the deadline for board nominations for two weeks, buying more time for an activist hedge fund to try to install railroad executive Hunter Harrison as chief executive.

Environmental pressures of the past few years have forced firms to dedicate significant resources to non-investment-related tasks such as regulatory reporting and increased investor reporting. These challenges were answered timely by CFOs through increased hiring as well as implementing baseline technologies to deal with the new regulatory requirements and increased investor requests. As a result, CFOs have put the raw materials in place to allow them to deal with tomorrow’s challenges.

It looks like a duck and walks like a duck, but in this case it is not a duck. There's one little — critical — difference