UK: submissions to the FRC review of the Combined Code - some initial feedback

A news report on the Accountancy Age website reports comments from Chris Hodge, head of corporate governance at the Financial Reporting Council, regarding submissions to the FRC's review of the Combined Code. With regard to the current 'comply or explain' approach, Mr Hodge states:

The feedback we are getting is saying the flexibility provided by the [present] code is desirable and there is nothing we are picking up to say that it be changed".