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UK corporate governance code

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › UK corporate governance code

  • This topic has 1 reply, 2 voices, and was last updated 9 months ago by Kim Smith.
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  • September 5, 2021 at 8:32 am #634383
    Noah098
    • Topics: 936
    • Replies: 352
    • ☆☆☆☆☆

    maam am unable to trace this line in my study text, so asking you…Compliance with UK corporate governance code is compulsory for LISTED entities right, which mandates there should be audit, nomination and remuneration committee before a company goes public, right?

    September 5, 2021 at 9:03 am #634392
    Kim Smith
    Keymaster
    • Topics: 88
    • Replies: 6090
    • ☆☆☆☆☆

    The Code is a requirement of stock exchange listing but its provisions are all “comply or explain” – https://opentuition.com/topic/comply-or-explain-basis

    So NO – these committees are not mandatory.

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