Bowing to pressure from the business lobby, on 16 October the UK Government announced it is shelving proposed legislation seen, hitherto, as a major plank in its plans for UK corporate governance reform. Apart from opening the door for critics to point to another government u-turn, this development is likely to affect, and may delay,…

October 18, 2023 Read more >

FRC consultation on proposed revisions to the UK Corporate Governance Code (‘the Code’) closed on 13 September. MM&K has taken the opportunity to submit responses to the 26 consultation questions. The last revision to the Code was in 2018. This latest consultation follows a raft of laws and regulations, much of it to do with…

September 14, 2023 Read more >

We received an interesting question recently. A large global firm was seeking advice on the pay relationship between a full-time (executive) Chair and a separate, full time CEO.  They believed that situation might be common in the UK (or more common than in some jurisdictions) and asked for our views. Whilst this situation is not…

February 24, 2023 Read more >

The FRC (soon to become ARGA) is about to review the provisions of the UK Corporate Governance Code, which is applicable to companies having a premium listing on the London Stock Exchange. An informal consultation process, which will include organisations like the QCA, is scheduled to commence at the end of this month. This will…

October 12, 2022 Read more >