The New UK Corporate Governance Code: Living In A Material Controls World.

In January 2024, the Financial Reporting Council (FRC) published a new edition of its UK Corporate Governance Code (2024 Code) to replace the current version (2018 Code). The new Code includes changes relating to material controls, including a requirement for directors to make a declaration of their effectiveness. 

In this article, we look at the context for these changes and how companies should prepare for them.

This article first appeared in the June 2024 issue of PLC Magazine.

• The New UK Corporate Governance Code

For further information, please contact:

Lucy Fergusson, Partner, Linklaters

lucy.fergusson@linklaters.com