“The BEIS consultation on reforming the UK's corporate governance, audit and reporting regime marks an important step in increasing trust and confidence in UK business. These proposals have wide-reaching implications for companies, auditors, directors and others. I encourage all interested parties to respond to the Government’s consultation by the 8 July deadline to help achieve a set of measures that lead to positive, lasting change.”
On 18 March, BEIS published its consultation on reforming the UK's corporate governance, audit and reporting regime, which includes 155 recommendations drawn from the reviews undertaken by Sir John Kingman, the CMA and Sir Donald Brydon. Responses to the BEIS consultation are due by 8 July.
In a series of events, recorded discussions, blogs and papers, we give our perspectives on the consultation, our thoughts for the future, and things you should consider as we move towards reform.
Hemione Hudson was recently joined by Mark Holmes and Andrew Death, the Deputy Directors at BEIS responsible for the consultation to reflect on the proposals and take questions from our audience. Watch the recording here.
We’ve also created a summary briefing document of the key proposals for companies/directors, audit committees and auditors.