For the first time listed companies will soon start to report
against new far-reaching UK corporate governance changes in their
2019 Annual Reports and Accounts
EY’s 6th annual review of FTSE 350 reporting ‘Annual
reporting in 2018/19: Engaging stakeholders, restoring
trust’, published in September 2019, benchmarks early FTSE
350 reporting practices against the new requirements.
It is encouraging to see that some FTSE 350 companies have made
a head start in certain areas. The report identifies these and
discusses how companies can further develop and refine their
reporting in key areas of change, ultimately to help restore trust
in business.
A Key Medium
The UK’s governance and reporting frameworks already had a
strong reputation around the world, but recent reforms including
revisions to the UK Corporate Governance Code (the 2018 Code) and
new secondary legislation – The Companies (Miscellaneous
Reporting) Regulations 2018 (MRR) – have raised the
