Simon Lowe, Head of Grant Thornton’s Governance Institute recently commented on the FRC’s new proposals around governance. Is it enough? With recent high profile corporate failures and increasing economic pressures, large corporates are being watched closer than ever ..... So what did Simon say?

The FRC has published new proposals for revising the UK Corporate Governance Code. How will these affect business?

Building on the impact of the last 25 years of governance guidance, the FRC recently published their proposed revisions to create a ‘shorter, sharper’ UK Corporate Governance Code (the Code)1.

The proposed new Code emphasises how boards can build trust and integrity within their businesses by setting and assessing culture, better succession planning and improved stakeholder engagement. It also highlights the importance of transparency with annual reporting which is coherent, connected, and avoids boiler-plating.

Read the full article here.