Revised UK corporate governance code for ISE listed companies
A revised UK Corporate Governance Code which applies to Irish incorporated listed companies on the Main Securities Market (MSM) of the Irish Stock Exchange has been published by the Financial Reporting Council (FRC) in the UK.
The key changes relate to:
- going concern, risk management and internal control
- shareholder engagement
- other matters
It comes into effect for reporting periods starting on or after 1 October 2014.
The UK Corporate Governance Code applies on a comply or explain basis.
There is no change to the Irish Corporate Governance Annex which continues to apply to Irish incorporated companies with a primary listing on the MSM.