Required holiday reading for aspiring independent fund board directors
Perfect timing! As many starting packing for their summer holidays, the Financial Reporting Council, this morning released the 2018 UK Corporate Governance Code which puts the relationships between companies, shareholders and stakeholders at the heart of long-term sustainable growth in the UK economy.
Mercifully, this “new shorter, sharper Code” is only 13-pages long, and therefore won’t take up too much space, but is well worth spending some time getting to grips with. To be sure, this document isn’t going to make you an expert on corporate governance, and even less so as it pertains to UK fund boards, but is a starting place, especially for those less familiar with the ins and outs of corporate governance.
For those taking time off this summer, have a good one!