Setting the Tone - A New Focus for Governance.
Mondaq Business Briefing › Nbr. 2010, January 2010
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Setting the Tone - A New Focus for Governance.
After much consultation the Financial Reporting Council has launched the new UK Corporate Governance Code. For the time being, the 'comply or explain' concept lives to fight another day but many boards will find the new Code challenging. There are many structural changes to the Code including four new principles, five changes to the principles, two new supporting principles and eight changes of substance to the provisions. Key differe...
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