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Good news! After numerous developments in recent years, there are no major changes in AGM and reporting practice for 2012.

However, the impact of the financial crisis continues to be felt and focus remains on areas that are perceived to have contributed to it. Executive pay, board effectiveness, corporate reporting and investor engagement all remain under the spotlight.

This Update highlights hot topics for the 2012 AGM, recent and upcoming changes in financial reporting, and the most recent corporate governance developments.