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The
Financial Reporting Council has today published a revised edition of the UK Stewardship Code: see
here (
pdf). This new Code - titled the Stewardship Code 2020 - is effective from 1 January 2020 and is accompanied by a feedback statement: see
here (
pdf). The Code contains Principles for asset managers and asset owners and a separate set of Principles for service providers. It operates on the basis of "apply and explain".
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