ARTICLE
24 July 2025

COSO Withdraws Proposed Corporate Governance Framework

GP
Goodwin Procter LLP

Contributor

At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.
On July 16, 2025, the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") announced the withdrawal of its draft Corporate Governance Framework ("CGF").
United States Corporate/Commercial Law

On July 16, 2025, the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") announced the withdrawal of its draft Corporate Governance Framework ("CGF"). The announcement notes that "[t]he draft CGF has been withdrawn from public comment as COSO takes time to evaluate the extensive feedback received to date and engage further with stakeholders." COSO and the National Association of Corporate Directors initially published the draft CGF on May 25, 2025 and had recently extended the comment deadline to September 12, 2025.

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.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More