Ring fence and UK Corporate Governance Code: Difference between pages

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imported>Doug Williamson
(Link with Non ring fenced bank and Ring fenced bank pages.)
 
imported>Doug Williamson
(Add link to latest version.)
 
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1.  
The UK Corporate Governance Code - issued by the Financial Reporting Council - sets out standards of good practice for larger companies in relation to their board leadership and effectiveness, remuneration, accountability and relations with shareholders.


To legally separate particular assets or liabilities within a company or other organisation.
It is sometimes abbreviated to 'the UK Code'.


For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.


The Corporate Governance Code updated and replaced the former Combined Code.


In the banking context, a 'ring fence' is the separation of some aspects of commercial banking (mostly retail) into a separate entity to reduce the probability of failure.


== See also ==
* [[Code]]
* [[Code of practice]]
* [[Corporate governance]]
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[Financial Reporting Council]]
* [[Premium Listing]]
* [[The City Code on Takeovers and Mergers]]
* [[Turnbull Guidance]]
* [[UK Stewardship Code]]


2.
The legal barrier created for this purpose.
Sometimes written "ringfence".


===Other links===
[https://www.frc.org.uk/directors/corporate-governance-and-stewardship/developments-in-corporate-governance-and-stewardsh FRC Developments in Corporate Governance and Stewardship]


==See also==
[https://www.frc.org.uk/News-and-Events/FRC-Press/Press/2012/September/FRC-publishes-updates-to-UK-Corporate-Governance-C.aspx FRC updates UK Corporate Governance Code and Stewardship Code, September 2012]
* [[Hypothecation]]
* [[Non ring fenced bank]]
* [[Ring fenced bank]]
* [[US Glass-Steagall]]


[https://www.frc.org.uk/directors/corporate-governance-and-stewardship/uk-corporate-governance-code UK Corporate Governance Code 2016]


===Other links===
[[Category:Corporate_finance]]
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013]
 
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Revision as of 17:01, 3 January 2018

The UK Corporate Governance Code - issued by the Financial Reporting Council - sets out standards of good practice for larger companies in relation to their board leadership and effectiveness, remuneration, accountability and relations with shareholders.

It is sometimes abbreviated to 'the UK Code'.


The Corporate Governance Code updated and replaced the former Combined Code.


See also


Other links

FRC Developments in Corporate Governance and Stewardship

FRC updates UK Corporate Governance Code and Stewardship Code, September 2012

UK Corporate Governance Code 2016

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