Part One of our guide to corporate governance reforms
and forthcoming annual reporting obligations
The recent corporate governance reforms made under the Companies
(Miscellaneous Reporting) Regulations 2018 (the Regulations) and
the revised UK Corporate Governance Code (the Code), have resulted
in additional reporting obligations for a wider range of companies
with the latter removing the smaller companies cap provisions on
certain aspects of reporting.
With these reforms taking effect from accounting periods on or
after 1 January 2019 and first reporting due in 2020, company
secretaries should be preparing to assist their boards navigate
what is in effect, a reset button on certain aspects of narrative
reporting in the annual report. Over the next two issues, our aim
will be to focus attention on those preparations.
