Company Secretarial Practice (CSP) : Online Company Law and Corporate Governance Resource

Company Secretarial Practice Online

The UK’s leading company secretarial information resource. CSP gives you detailed explanation and commentary on all aspects of company law and corporate governance, covering all the events that can occur in the life of a UK limited company from incorporation through to winding up. View more...

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Latest News

CMA launches UK audit services market study

Last week we reported on the launch of the Financial Reporting Council’s (FRC) ‘state of the nation’ review of the market for FTSE 350 audits. This was followed later in the week by the formal launch of the Competition and Markets more...

FRC considering ban on the provision of non-audit services to audit clients

The Financial Reporting Council (FRC) is considering banning auditors from providing non-audit services to audit clients as part of a strategic review designed to ensure that audit better serves the public interest. The FRC has more...

How the takeover battle for Sky was settled by an auction

Comcast Corporation (‘Comcast’), the owner of NBC Universal, recently secured victory over Rupert Murdoch’s Twenty-First Century Fox Inc (‘Fox’) in a long-running takeover battle for control of Sky, the UK satellite broadcaster. more...

Recent Changes

Chapter 3 Publicly traded companies

Changes made to paras. 3.5 Listing Rules, 3.7 Conditions for listing and 3.8 Continuing obligations of listed companies to reflect the introduction by the FCA of a new listing category for sovereign controlled commercial companies.

Chapter 12 Corporate governance

Extensive changes made to reflect the adoption by the FRC of the 2018 UK Corporate Governance Code.

Appendix 12.1A 2018 UK Corporate Governance Code

New appendix added containing the 2018 Code.

Appendix 12.3A FRC 2018 Guidance on Board Effectiveness

New appendix added containing the FRC's 2018 Guidance.

Appendix 12.20 History of corporate governance codes in the UK

Material previously contained in para. 12.1 on the history of corporate governance codes in the UK transferred to a new appendix.