2016 UK Corporate Governance Code—Section A—Leadership [Archived]
2016 UK Corporate Governance Code—Section A—Leadership [Archived]

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • 2016 UK Corporate Governance Code—Section A—Leadership [Archived]
  • Mini-index
  • Section A—Setting the scene
  • Section A.1—The Role of the Board
  • Main Principle A.1
  • Supporting Principles to Main Principle A.1
  • A.1– UKCG Code Provisions
  • Section A.2—Division of Responsibilities
  • Main Principle A.2
  • A.2–UKCG Code Provision
  • More...

This archived Resource Note outlined the main provisions of Section A of the 2016 UK Corporate Governance Code (UKCG Code), on 'Leadership', and highlighted relevant third party materials, guidance, commentary and analysis, as well as our own resources, to give practical guidance on its application.

Materials covered in this Resource Note include:

  1. the Financial Reporting Council (FRC)'s 2018 Guidance on Board Effectiveness

  2. guidance issued by The Chartered Governance Institute (previously ICSA: The Governance Institute) (CGI)

  3. the 2020 United Kingdom and Ireland Proxy Voting Guidelines published by Institutional Shareholder Services (ISS)

  4. the Stewardship Guide and Voting Guidelines 2020 published by the Pensions and Lifetime Savings Association (PLSA)

  5. the UK Shareowner Voting Guidelines, published by Pensions Investment Research Consultants Ltd (PIRC), available for purchase from PIRC's website

  6. the EY/IA joint report on Board effectiveness—continuing the journey

  7. resources in the Corporate practice area

Mini-index

Section A—Setting the scene

Section A.1—The Role of the Board

Section A.2—Division of Responsibilities

Section A.3—The Chairman

Section A.4—Non-executive Directors

Section A—Setting the scene

In a nutshell...Section A covers the key role of the board in ensuring the long-term success of the company, the division of responsibilities between running the board and running the business and the different roles of the chair, the senior independent director (SID) and the other non-executive directors.
Versions of the UKCG CodeIn July 2018 the FRC published a revised version

Popular documents