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Financial Reporting Council (FRC) Corporations Code

BCLP

FRC Revises UK Corporate Governance Code

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Following the May 2023 consultation on the UK Corporate Governance Code (“Code”), the FRC has published a revised Code. The changes focus primarily on one area - Internal Controls whilst other changes have been kept to a...more

Latham & Watkins LLP

FRC Provides a Significant Update on Its Future Policy and Cuts Back on Proposed Corporate Governance Code Changes

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The FRC’s future work will be assessed through the lens of the UK’s economic growth and international competitiveness. On 7 November 2023, the FRC announced a significant and wide-ranging policy update which included a...more

BCLP

FRC publishes consultation on the UK Corporate Governance Code

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Following the government’s white paper on ‘Restoring trust in audit and corporate governance’, the FRC has published a consultation on the UK Corporate Governance Code (“Code”). ...more

BCLP

FRC advice on improving the quality of ‘comply or explain’ reporting

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The FRC has published advice, based on an analysis of 100 companies (FTSE 100 & 250 and Small Cap companies), on how listed companies can report transparently and effectively when departing from provisions of the 2018 UK...more

Latham & Watkins LLP

FRC Releases Revised UK Corporate Governance Code

Latham & Watkins LLP on

The revised Code clarifies requirements for accountability, workforce engagement, and board diversity. Key Points: ..The revised Code focuses on the application of flexible Principles on a “comply or explain” basis. ...more

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