Corporate Governance news
A collection of Corporate Governance related news items.
Related news
Parker Review publishes its 2024 update report
18 Mar, 2024
The Parker Review has published its 2024 update report ("the Review").
FTSE Women Leaders review publishes 2024 update report
18 Mar, 2024
The FTSE Women Leaders has published its 2024 update report ("the Review").
FRC to hold roundtable events on its review of the UK Stewardship Code
15 Mar, 2024
The Financial Reporting Council (FRC) will hold a series of roundtable events from 26 March to 7 May as part of its review of the UK Stewardship Code 2020 ("the Code").
FRC launches a review of the 2020 UK Stewardship Code
29 Feb, 2024
The Financial Reporting Council (FRC) has launched a review of the 2020 UK Stewardship Code (the Code) to ensure it supports growth and the UK's competitiveness.
FRC publishes updated list of successful signatories to the UK Stewardship Code
26 Feb, 2024
The Financial Reporting Council (FRC) has published an updated list of successful signatories to the UK Stewardship Code (the Code) which sets high standards of stewardship for those investing money on behalf of UK savers and pensioners.
FRC releases podcast on the 2024 UK Corporate Governance Code
17 Feb, 2024
The Financial Reporting Council (FRC) has released a podcast on the 2024 UK Corporate Governance Code ("the 2024 Code").
FRC issues new guidance to support the 2024 UK Corporate Governance Code
30 Jan, 2024
The Financial Reporting Council (FRC) has issued new guidance to support the 2024 UK Corporate Governance Code ("the Code").
FRC finalises updates to the UK Corporate Governance Code
22 Jan, 2024
The Financial Reporting Council (FRC) has issued the updated UK Corporate Governance Code (“the Code”) following a consultation last year as part of the ‘Restoring trust in audit and corporate governance’ reform package.
FCA issues proposals to finalise new “commercial companies” listing category
22 Dec, 2023
As part of a plan to strengthen the UK’s position in global wholesale markets, the Financial Conduct Authority (FCA) has published a new consultation paper (CP23/31 'Primary Markets Effectiveness Review: Feedback to CP23/10 and detailed proposals for listing rules reforms') which also includes the feedback statement from its previous consultation on replacing the existing standard and premium listing share categories with a single listing category (CP23/10 'Primary Markets Effectiveness Review: Feedback to DP22/2 and proposed equity listing rule reforms').
FRC publishes its latest review of corporate governance reporting
17 Nov, 2023
The Financial Reporting Council (FRC) has published its latest 'Review of Corporate Governance Reporting' ("the Report").
FRC issues policy update on the UK Corporate Governance Code
09 Nov, 2023
In light of the Government's withdrawal of proposed secondary legislation laid in July covering the Audit & Assurance Policy, the Resilience Statement, the Material Fraud Statement and enhanced reporting on distributions, the Financial Reporting Council (FRC) has issued a policy announcement confirming that the update to the UK Corporate Governance Code ("the Code") will go ahead but will recognise the wider debate about business reporting requirements and burdens across the economy.
Government withdraws new reporting regulations
17 Oct, 2023
The Government has announced that it has withdrawn the proposed secondary legislation laid in July covering the Audit & Assurance Policy, the Resilience Statement, the Material Fraud Statement and enhanced reporting on distributions.
FRC publishes findings on the quality of corporate reporting in 2022/2023
07 Oct, 2023
The Financial Reporting Council (FRC) has published its Annual Review of Corporate Reporting 2022/2023. The report sets out the FRC’s expectations for areas of corporate reporting that require improvement and highlights the ten most frequently raised topics where improvements to reporting quality are needed. The findings follow a review of 263 annual reports and accounts with weighting in favour of the FTSE 350.
FRC publishes updated list of successful signatories to the UK Stewardship Code
06 Sep, 2023
The Financial Reporting Council (FRC) has published an updated list of successful signatories to the UK Stewardship Code (the Code) which sets high standards of stewardship for those investing money on behalf of UK savers and pensioners.
CGIUKI publishes Code of Practice to support effective board performance reviews
25 Jul, 2023
The Chartered Governance Institute UK & Ireland (CGIUKI) has published a new Code of Practice to support effective board performance reviews.
FRC publishes its 2022/2023 Annual Report and Accounts
25 Jul, 2023
The Financial Reporting Council (FRC) has published its Annual Report and Accounts for 2022/23.
New reporting regulations laid before Parliament for approval
21 Jul, 2023
The Department for Business & Trade (DBT) has laid new reporting regulations before Parliament for approval. The draft ‘Companies (Strategic Report and Directors’ Report) (Amendment) Regulations 2023’ will, if approved, create a number of new corporate reporting requirements for very large UK Companies – defined in the Regulations as a ‘company with a high level of employees and turnover’. These regulations will not become law until they have been debated by both Houses in the Autumn but the draft regulations make clear the Government’s proposed approach to these new requirements. The draft regulations are in line with the direction set out in the Government’s response to its ‘Restoring trust in audit and corporate governance’ White Paper issued in June 2022.
FRC to host event on the UK Corporate Governance Code Consultation
21 Jul, 2023
The Financial Reporting Council (FRC) will be hosting an event on feedback received so far from the ongoing consultation on the UK Corporate Governance Code.
We comment on draft minimum standard for audit committees
14 Jun, 2023
We have published our comment letter on the Financial Reporting Council's ('FRC's') consultation on its draft proposal for a minimum standard for audit committees.
IFAC releases new placemat to guide audit committees to oversee sustainability-related disclosure
02 Jun, 2023
The International Federation of Accountants (IFAC) has released a placemat ‘Key Questions for Audit Committees Overseeing Sustainability-Related Disclosure’ to guide audit committees to oversee sustainability-related disclosure.