Brazil sports secretary calls for transparency over transfer of betting tax revenue Summary Giovanni Rocco, Brazil’s national secretary for sports betting and economic development, has pushed for a permanent interministerial committee to oversee and increase transparency in the transfer of sports betting tax revenue to sports bodies. The call came during a hearing between the […]
Here We Go Again: Red States Continue to Focus on ESG Summary On 29 July 2025, 26 state financial officers (from 20 red states plus Pennsylvania) acting through the State Financial Officers Foundation (SFOF) sent letters to 25 large asset managers expressing concern that ESG considerations are eroding traditional fiduciary duty. The letter urges managers […]
State Officials’ Letter to Asset Managers Summary Seventeen state financial officers, led by California State Controller Malia Cohen and California State Treasurer Fiona Ma, sent a letter to BlackRock CEO Larry Fink pushing back against a July 2025 letter from the State Financial Officers Foundation. The signatories argue that a correct interpretation of fiduciary duty […]
Ecuador constitutional court rejects casino question in December referendum Summary Ecuador’s constitutional court has rejected a proposed referendum question that would have allowed the reopening of land-based casinos, ruling it does not meet constitutional requirements in its current form. President Daniel Noboa had included a question in a set of seven for a December referendum […]
MIXI secures 51% majority holding in PointsBet, final takeover offer to close this week Summary MIXI Australia has increased its stake in PointsBet to 51.59%, gaining majority control and making PointsBet a controlled subsidiary. MIXI’s takeover offer will remain open until 12 September; shareholders who accept before that date will be paid in line with […]
Redefining the Role: How Innovative Corporate Investigations Leaders Drive Impact Summary Historically, corporate investigations teams have been reactive compliance enforcers operating in silos. This article argues that modern investigations leaders are shifting to a proactive, business‑aligned model: they immerse themselves in operations, build trusted relationships across functions, and use investigations to surface both misconduct and […]
Weekly Roundup: August 29-September 4, 2025 Summary This roundup collects the Forum posts from 29 August to 4 September 2025. The pieces span antitrust concerns around overlapping directors, developments in the 2025 proxy season (including shareholder proposals and disclosure scrutiny), recent Delaware case law on directors’ investigative duties, ongoing litigation over California’s climate disclosure laws, […]
Proxy Season Global Briefing : Shareholder Rights & Governance Trends Summary The 2025 proxy season saw noticeable shifts in shareholder rights and governance practices worldwide. Key themes include a rebound in in-person AGMs, major governance reforms in APAC (notably Hong Kong and Korea), growing scrutiny of sustainability reporting and the appointment of sustainability auditors in […]
Rebalancing Retirement: How 401(k) Plans Exacerbate Inequality and What We Can Do About It Summary This article, drawing on a recent academic paper by Quinn Curtis, Leo E. Strine, Jr., and David Webber, argues that the US 401(k) system — subsidised to the tune of roughly 1.5% of GDP — is highly regressive and deepens […]
Best Practices for Corporate Sustainability Teams Summary This Conference Board/ESGAUGE study, based on a survey of 70 sustainability and ESG leaders at US and multinational firms, outlines how companies structure sustainability teams, how those teams work with other functions, and which practices improve effectiveness. Key findings: most firms prefer a hybrid model (a small central […]
