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New Corporate Governance Code for Listed Companies

The Financial Reporting Council (FRC) has introduced changes to the UK Corporate Governance Code - formerly known as the Combined Code - to help company boards to be more effective and accountable. The main changes concern the board's responsibilities for risk; more emphasis on the importance of securing the right mix of skills and experience on the board and a recommendation for the annual election of all directors of FTSE 350 companies.

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Last updated: 29 May 2010