The Institute of Directors for Southern Africa has issued The Code for Responsible Investing in South Africa which gives guidance on how the institutional investor should execute investment analysis and investment activities and exercise rights so as to promote sound governance.

The Financial Reporting Council has published an Update for Directors of Listed Companies in the UK to assist them in responding to increased country and currency risk in their annual and half-yearly financial reports.

The Financial Reporting Council today announced its decision to amend the UK Corporate Governance Code to strengthen the principle on boardroom diversity which was first introduced into the Code in June 2010.

The UK Department for Business, Innovation and Skills seeks views on UK government plans to make narrative reporting simpler, clearer and more focused.

The UK Department of Business, Innovation and Skill have released a consultation paper which explores wider questions on the role of shareholders and remuneration committees in the process of setting pay and how pay is structured to incentivise and reward.

The Securities and Exchange Commission have released a staff paper which explores whether, when, and how the current U.S. financial reporting system should be transitioned to a system incorporating International Financial Reporting Standards and presents a possible framework for implementation.

In response to investor feedback on the issue of pay-for performance, which indicated a preference for putting the focus on long-term alignment, board decision-making, and pay relative to both market peers and to absolute shareholder returns, Institutional Shareholder Services has published a white

Institutional Shareholder Services Inc. has released 2012 updates to its U.S., Canadian, European, and international benchmark proxy voting guidelines.

The Securities and Exchange Commission has issued its report on the reliance on credit ratings, as required by Section 939A(c) of The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010.

The Securities and Exchange Commission is seeking consultation on methods to improve the timing, content, and format of disclosures to investors regarding financial intermediaries, investment products, and investment services.