UK Corporate Governance Code and associated guidance

The UK Corporate Governance Code sets out standards of good practice in relation to matters such as board leadership and effectiveness, remuneration and accountability. There is then associated guidance published by the Financial Reporting Council to assist companies in applying the principles of the UK Corporate Governance Code. The current version of the UK Corporate Governance Code was published in April 2016 and it applies to financial years beginning before January 1, 2019. A revised 2018 UK Corporate Governance Code was published in July 2018 and it applies to financial years beginning on or after January 1, 2019. Updated Guidance on Board Effectiveness was published by the Financial Reporting Council in July 2018. Guidance for directors in relation to risk management, internal control and related financial and business reporting and supplemental guidance for directors of banks on solvency and liquidity risk management and the going concern basis of accounting was published in September 2014.

UK Corporate Governance Code

  • UK Corporate Governance Code 2024 – January 2024 (applies to accounting periods beginning on or after January 1, 2025, save for Provision 29 which will apply to accounting periods beginning on or after January 1, 2026)
  • UK Corporate Governance Code  July 2018 (applies to accounting periods beginning on or after January 1, 2019) 
  • UK Corporate Governance Code  April 2016 (applies to accounting periods beginning on or after June 17, 2016 and before January 1, 2019)

Consultations in relation to UK Corporate Governance Code and guidance

Associated guidance

Financial Reporting Council reviews

Other guidance

Our briefings

 

作者

Consultant
Knowledge Of Counsel