Corporate Strategy & Finance - Review

    February 2010

    INTRODUCTION

    You will be aware that in December last year the Financial Reporting Council ("FRC") published the final report on its recent review of the Combined Code, together with a consultation paper on the draft version of the, soon to be renamed, "UK Corporate Governance Code".

    Comments on the proposals were invited by 5 March 2010 and the revised Code is expected to apply for accounting periods beginning on or after 29 June 2010.