Skip to main content

FRC issues new guidance to support the 2024 UK Corporate Governance Code

29 January 2024

The FRC has issued the 2024 Code Guidance. The new guidance aims to bring together the most relevant content from previous publications into a single, condensed, digitally accessible and user-friendly resource. The FRC is keen to reiterate that the guidance is not part of the Code but a separate collection of information designed to help the application of the Code to different companies’ needs. The FRC confirms that it will be updated from time to time to reflect, where appropriate, other reporting or regulatory requirements that may develop in the UK from other regulators.

The 2024 Code has now been updated to include hyperlinks to all the relevant elements of this new guidance. It is important to note that this new guidance has been designed specifically for the content of the 2024 Code. Until the 2024 Code comes into effect for periods commencing on or after 1 January 2025, the 2018 Code applies and continues to be supported by: The Guidance on Board Effectiveness; The Guidance on Audit Committees; and The Guidance on Risk Management, Internal Controls and Related Financial Business.

Our library of governance publications is available to help you at

Did you find this useful?

Thanks for your feedback

If you would like to help improve further, please complete a 3-minute survey