Chairman of the FRC reminds company chairs, investors and proxy advisors of their responsibilities under the new Code

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20 Jul, 2018

The Chairman of the Financial Reporting Council (FRC), Sir Win Bischoff, has written open letters to company chairs, investors and proxy advisors to remind them of their responsibilities under the new UK Corporate Governance Code.

The Code along with revised Guidance on Board Effectiveness was published on 16 July and is effective for periods commencing on or after 1 January 2019.

A press release and the letters are available on the FRC website.

An event to launch the Code was held on 18 July and a transcript of a speech made by Stephen Haddrill, Chief Executive of the FRC, which discusses key elements of the new Code, is also available on the FRC website.

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