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Development of Corporate Governance in UK (2001-2012) united-kingdom-large
Development of Corporate Governance in UK (2001-2012)
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Combined Codes(2003)
-Require companies to provide a statement in their annual report on how they have applied the Code Principle and Code Provisions relating to internal control.
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Walker Review (2009)
Recommendations
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:check: Effectiveness of risk management at board level, including the incentives in remuneration policy to manage risk effectively.
:check: The balance of skills, experience and independence required on the boards of UK banking institutions.
:check: Whether the UK approach is consistent with international practice and how national and international best practice can be promoted.
Myners Review(2001)
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:<3: Encourage institutional investors to consider their responsibilities as owners and how they should exercise their rights on behalf of beneficiaries.
Turner Review (2009)
:checkered_flag: Recommendations on the redesign of regulation and supervisory approach to create a more robust banking system for the future.
:checkered_flag: Focuses on the improvements in the effectiveness of internal risk management and corporate governance.
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