Wednesday, 27 July 2011

UK: corporate governance in central government departments - updated best practice code published

HM Treasury has this month published an updated edition of the corporate governance code for central government departments: see here (pdf). An accompanying guidance note has also been published: see here (pdf). The code operates on the basis of 'comply or explain' and focuses on the role and functioning of departmental boards, chaired by the Secretaries of State.

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