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Author: Mirit Ehrenstein

FRC consultation on Corporate Governance Code changes: executive pay proposals

The FRC are consulting on proposed changes to the Corporate Governance Code. This is part of the government's proposed reforms aimed at "restoring trust in audit and corporate governance". The consultation includes a version of the Code showing the proposed changes.

This briefing considers the proposed changes to the Code provisions on executive pay: malus and clawback, aligning executive pay to company performance and ESG, and improving the quality of remuneration-related disclosure.

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