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UK Institute of Directors Proposes New Code of Conduct

UK Institute of Directors Proposes New Code of Conduct

by Starling Insights

Starling Insights Editorial Board

Jun 29, 2022


The UK's Institute of Directors (IoD), an organization of about 20,000 directors and business leaders, recently proposed a voluntary nine-point code addressing ethics, diversity, competence, and lawfulness. This code would supplement the existing Corporate Governance Code administered by the Financial Reporting Council (FRC), as well as UK corporate law.

"There is a risk that each new corporate scandal or collapse will renew pressure on government to impose prescriptive regulatory obligations relating to directorship," said Roger Barker, Director of Policy and Governance at the IoD.

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