UK Corporate Governance - consultation on the Code and guidance on board effectiveness

Political pressure to rebuild public trust has led UK businesses and the Government to focus again on the role and obligations of business in society.

On 5 December, the FRC published a consultation on a substantially rewritten draft UK Corporate Governance Code. Also being consulted on is a revised draft of the FRC’s Guidance on Board Effectiveness, which is designed to sit alongside the Code and help boards decide how to apply Code Principles and Provisions.

In addition, the FRC has posed some initial questions about the future direction of the UK Stewardship Code.

Click here for a full briefing.