UK: The Financial Conduct Authority's corporate governance framework

The Financial Conduct Authority has published a document setting out its corporate governance framework: see here (pdf). The document sets out the way in which the FCA is constituted, directed and controlled by its governing body, the Board. It also explains the role of the Board's committees and its directors. The document explains that the FCA's Board has decided to comply where relevant with the UK Corporate Governance Code although not formally required to do so.