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Governance in brief — The Wates Corporate Governance Principles for large private companies

Published on: 18 Dec 2018

The Wates Principles are a set of six high level principles of corporate governance issued to help the largest private companies meet the new legislative requirement to report on their corporate governance arrangements for periods commencing on or after 1 January 2019. It is a voluntary framework which adopts the “apply and explain” approach. Guidance is provided with each principle, not as requirements, but to help companies understand how they can apply the principles.

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