- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Ruth Prickett2024-02-13T22:12:00
Corporate culture, internal controls, and assurance moved up the boardroom agenda with the publication of the U.K.’s revised corporate governance code and its supporting guidance.
While the code increases focus on the internal controls framework and requires boards to make an internal controls declaration, further details emerged in the guidance, published Jan. 29.
The guidance is not prescriptive, but it defines good practice and clarifies the Financial Reporting Council’s (FRC) intentions.
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A Bank of England report warned of private equity risk management deficiencies as interest rates remain stagnant, with international coordination important.
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