Other Corporate Governance Codes and associated guidance

In addition to the UK Corporate Governance Code, a number of UK institutions periodically publish and update their own codes, guidance and guidelines, each designed to assist shareholders and investors in assessing the governance of companies, including matters such as board composition and effectiveness, remuneration, accountability and financial reporting. Some of this guidance applies to a particular sub-set of companies (for example, large private companies or investment companies), whilst other guidance applies more generally to listed companies

QCA Corporate Governance Code

• QCA Corporate Governance Code – Updated – November 2023
• QCA Corporate Governance Code 2019 – April 2018

QCA associated guidance

• QCA Audit Committee Guide 2019 – September 2019
• Remuneration Committee Guide – July 2016

Wates Corporate Governance Principles

• FRC: Review of Reporting against the Wates Principles - August 2024
• FRC: Wates Corporate Governance Principles for Large Private Companies – The Extent, Coverage and Quality of Corporate Governance Reporting – February 2022

• FRC: Reporting against Wates Principles for large private companies – February 2021
• The Wates Principles on Corporate Governance for Large Private Companies – December 2018
• Feedback Statement on the Wates Corporate Governance Principles for Large Private Companies– December 2018
• Consultation on the Wates Corporate Governance Principles for Large Private Companies

AIC Code of Corporate Governance

• AIC Code of Corporate Governance for investment companies 2024 – August 2024 (The 2024 AIC Code applies to accounting periods beginning on or after 1 January 2025, with the exception of new Provision 34. This new provision is applicable for accounting periods beginning on or after 1 January 2026) 
• AIC Code of Corporate Governance for investment companies 2019 – February 2019 (The 2019 AIC Code applies to accounting periods beginning on or after 1 January 2019) 

Investment Association guidance

• Investment Association position on executive director pension provision – September 2019
• ICSA and Investment Association: The stakeholder voice in board decision making - September 2017
• The Investment Association and EY launch report on Board Effectiveness - continuing the journey - April 2015

Other guidance

• OECD: Public consultation on draft revisions to the G20/OECD Principles of Corporate Governance – September 2022
• ecoDa: Corporate Governance Guidance and Principles for Unlisted Companies in Europe – April 2021
• Tomorrow's Company Tomorrow’s Good Governance Forum: Improving board evaluation to achieve greater board effectiveness - September 2016
• IoD 2016 Good Governance Report - September 2016
• Tomorrow's Company Governing culture: risk and opportunity? – A guide to board leadership in purpose, values and culture - July 2016
• ICSA/EY The Nomination Committee - Coming Out of the Shadows - May 201
• FRC Guidance on the Going Concern Basis of Accounting and Reporting on Solvency and Liquidity Risks: Guidance for directors of companies that do not apply The UK Corporate Governance Code - April 2016