@FRC via Wikimedia Commons.
The Financial Reporting Council (FRC) has launched its consultation on the proposed updates to the UK Stewardship Code, which the organisation said would be focused on supporting economic growth and investment as well as “delivering increased transparency”.
The FRC said it also wanted to streamline reporting requirements and reduce burdens for signatories and “ensure a clearer focus on the purpose of Stewardship and the outcomes that it delivers”.
The FRC is the UK’s regulatory body for auditors, actuaries, and accountants and sets the UK’s Corporate Governance and Stewardship Codes.
