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ARTICLE · 20 DECEMBER 2017

Shake-Up Of Corporate Governance Code

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As the FRC has already consulted with a broad range of stakeholders, it seems unlikely that the final Code will radically differ from what is set out in the current consultation

United KingdomCorporate/Commercial Law
Aaron Stocks
Aaron Stocks
Beliz McKenzie
Beliz McKenzie
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As you will be aware, last week the FRC published its awaited proposals for a revised UK Corporate Governance Code: a "comprehensive review to ensure that the Code remains fit for purpose". This is the biggest shake-up of the Code in recent years, and the changes will affect all companies on the premium segment of the Official List and others who voluntarily agreed to comply with the Code. As the FRC has already consulted with a broad range of stakeholders, it seems unlikely that the final Code will radically differ from what is set out in the current consultation.

The FRC is also consulting on amendments to its Guidance on Board Effectiveness, as well on the future direction of the UK Stewardship Code.

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