UK Corporate Governance And Narrative Reporting : Key Developments Checklist

This checklist is intended to help UK-listed companies keep abreast of key developments in the fast-moving areas of corporate governance and narrative reporting.

It sets out our thoughts on some of the main areas of change during the last few months, as well as a list of key developments by area, including links to more detailed summaries of those developments.

Key developments

One of the key developments since August 2023 is the withdrawal of the draft Statutory Instrument that set out significant amendments to current reporting requirements for many companies. Another is the publication of the 2024 UK Corporate Governance Code. These two developments are linked as the withdrawal of the Statutory Instrument meant that the Financial Reporting Council (FRC) had to rethink (and itself withdraw) a significant number of its proposed amendments to the 2018 UK Corporate Governance Code which it had consulted on.