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Financial Reporting Council Corporate Governance Code

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Photo by SPO Presse und Kommunikation CC BY-SA 2

Financial Reporting Council (FRC) published a new corporate governance code in July 2018 for companies listed on the stock exchange. Charities aren't legally required to follow the code, however it provides useful best practice guidelines that could be applied to any organisation. The guidance on board effectiveness is particularly relevant to the VCSE sector.

UK Corporate Governance Code

Guidance on Board Effectiveness