21 Jan 2018
On 5 December 2017, the Financial Reporting Council (FRC) published a consultation document on its proposals for a revised UK Corporate Governance Code. The FRC has undertaken a comprehensive review to ensure that the Code remains fit for purpose and continues to promote improvement in the quality of corporate governance. The revised Code emphasises the value of good corporate governance to the sustainable growth of a company and encourages policies and practices that generate value for shareholders and aim to benefit society. There is a new focus on stakeholders, integrity and corporate culture, diversity and how the overall governance of the company contributes to its long-term success.