Jul 2010

Corporate governance: developments in the UK

The UK Financial Reporting Council (FRC) has recently issued a revised UK corporate governance code for listed companies and a UK stewardship code for institutional investors. Together, the two codes aim to raise governance standards in the wake of the financial crisis. This briefing sets out the key highlights with particular emphasis on the new UK corporate governance code.

The Chartered Institute of Management Accountants®, founded in 1919, is the world’s leading and largest professional body of Management Accountants, with 172,000 members and students operating in 168 countries, working at the heart of business.

CIMA members and students work in industry, commerce and not-for-profit organisations.

CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially trained business leaders.

Corporate governance: developments in the UK