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Governance in brief — FRC consults on a new-style UK Corporate Governance Code

Published on: 05 Dec 2017

The FRC has published a new-style UK Corporate Governance Code for consultation together with revised Guidance on Board Effectiveness and some questions on the future of the Stewardship Code.

This is not a tweaking of the Code as in recent years but a substantial re-write and simplification/reduction with a focus on the company’s approach to governance through the application of the Code principles - principles which emphasise the value of good corporate governance to long-term success.

The revised Code also incorporates elements of the Government’s corporate governance reform agenda. The consultation period lasts until 28 February 2018.

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