The following Corporate guidance note provides comprehensive and up to date legal information covering:
This Resource Note outlines the main provisions of Section 3 of the 2018 UK Corporate Governance Code (2018 UKCG Code), on ‘Composition, succession and evaluation’, and highlights 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:
the Financial Reporting Council (FRC)'s 2018 Guidance on Board Effectiveness
guidance issued by The Chartered Governance Institute (previously known as ICSA: The Governance Institute) (CGI)
the 2020 United Kingdom and Ireland Proxy Voting Guidelines published by Institutional Shareholder Services (ISS)
the Stewardship Guide and Voting Guidelines 2020 published by the Pensions and Lifetime Savings Association (PLSA)
the UK Shareowner Voting Guidelines, published by Pensions Investment Research Consultants Ltd (PIRC), available for purchase from PIRC's website
the Investment Association (IA)'s Report on Board Effectiveness
the EY/IA joint report on Board effectiveness—continuing the journey
the Davies’ review’s 2011 Women on Boards Report and 2015 Five Year Summary
the Hampton-Alexander review
the Final Parker Report into the Ethnic Diversity of UK Boards (October 2017)
resources in the Corporate practice area
Section 3—Setting the scene
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