FRC unveils Wates corporate governance principles for private companies

Jonathan Stapleton
clock • 3 min read

The Financial Reporting Council (FRC) has published a code for the corporate governance of large private companies in a bid to help them meet incoming legal requirements.

The so-called Wates Principles encourage large private businesses - those with more than 2,000 employees or a turnover of more than £200m and a balance sheet of more than £2bn - to adopt a set of k...

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