UK:

The FRC has released a consultation on the UK Stewardship Code, setting out a revised code alongside proposals on the process for reporting. The current UK Stewardship Code has been in effect since 2020 and the FRC had committed to reviewing the Code after a few years in operation.  

The revisions proposed in the consultation aim to ensure that the Code continues to drive effective stewardship by supporting high-quality disclosures, while reflecting evolving industry practices and maintaining its international standing, without imposing undue reporting burden on signatories.

Read the response in full below.