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within Consumer Protection, Insolvency/Bankruptcy/Re-Structuring and Insurance topic(s)
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 content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
