The UK Corporate Governance Code sets out standards in boardroom leadership, effectiveness, remuneration, accountability and shareholder relations.
All companies with a Premium Listing of equity shares in the UK are required under the Listing Rules to report on how they have applied the Combined Code in their annual report and accounts. The relevant section of the Listing Rules can be found at: http://fsahandbook.info/FSA/html/handbook/LR/9/8.
The Code contains broad principles and more specific provisions. Listed companies are required to report on how they have applied the main principles of the Code, and either to confirm that they have complied with the Code's provisions or - where they have not - to provide an explanation.
The current edition of the Code was published in May 2010 and applies to financial years beginning on or after 29 June 2010. The Code is developed by the Financial Reporting Council
Read the UK Corporate Governance Code