On 25 April 2018, the QCA published a revised Corporate Governance Code. The QCA corporate governance code is tailored to small and mid-size companies and takes an outcome orientated approach to compliance.
The revisions to the code are varied and include: merging the principles and necessary disclosure sections, expanding the section on effective application of the code, inserting a new description of board composition and the removal of the section on board effectiveness which is now in a separate document. The revised code has increased relevance as the LSE has recently announced that all AIM companies will have to apply a recognised corporate governance code from September 2018 and for many such companies the QCA code is a common choice.
The revised QCA code can be purchased here:
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