Following the consultation on Restoring Trust in Audit and Corporate Governance, last year, the FRC proposed amendments to strengthen the UK Corporate Governance Code in specific areas. A public consultation was opened in May 2023; it closed in September 2023. In this blog, you can find the response of NEDonBoard, Institute of Board Members to the consultation.
We interviewed David Styles, Director, Corporate Governance and Stewardship at the FRC for an overview of the proposals in June 2023. You may watch the interview for a summary of the proposals.
Related resources:
Protecting yourself as a non-executive director
Highlights of NEDonBoard community response to the UK Corporate Governance Code consultation