International Standards
International Standards in Corporate Governance
Over recent years there has been a need for more alignment in laws and regulatory requirements around the globe to create more international standards in corporate governance as companies and groups trade across many jurisdictions and are subject to multi-regulators.
This has been exacerbated by the financial crisis and has resulted in reviews and reports around the world from governing organisations including:
UK
The Walker Review – A review of corporate governance in UK banks and other financial industry entities July 2009
The Walker Review - Final Report November 2009
The FRC Combined Code – Review of the effectiveness of the Combined Code (progress report and second consultation) July 2009
The FRC Combined Code - Final Report December 2009 (Combined Code renamed The UK Corporate Governance Code)
The FRC UK Corporate Governance Code - the revised and newly name Code was issued in June 2010
EU
The EU Commission – Commission communication on European financial supervision (summary of the impact assessment) July 2009
The EU Commission - Improving Financial Supervision announcement December 2009
The OECD Review – Corporate governance and the financial crisis: key findings and main messages June 2009
The OECD Policy Framework December 2009
The French MEDEF Code – Corporate governance code of listed corporations December 2008
USA
The NYSE Code of Ethics April 2004
COSO – Effective enterprise risk oversight: The Role of the Board of Directors July 2009
Sarbanes Oxley Act 2004
We have summarised key points from these documents in the above pages. Full downloads of each report are available in pdf format on the relevant page.
Contact CTP Global now in confidence to discuss your requirements for improved international standards and continuity in your organisation on +44 (0) 20 3170 5779 or email us in the first instance on enquiries@ctpglobal.com
CTP Global – Good Governance: Great Performance
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