Press releases

Deloitte comments on the FRC’s new corporate governance code

16 July 2018

William Touche, Vice Chairman, said:

“We welcome the FRC’s proposed changes, which fit well with other parts of the Government’s governance reform package and the new reporting legislation issued in June.

“Company purpose and stakeholder engagement take more central roles in the revised Code and companies will need to ensure they address these areas with integrity, as they will be quickly exposed if their statements do not ring true to stakeholders.”

End

Notes to editors

About Deloitte
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.

Deloitte LLP is a subsidiary of Deloitte NWE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.

The information contained in this press release is correct at the time of going to press.

For more information, please visit www.deloitte.co.uk

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