UK Stewardship Code updated

The Financial Reporting Council (FRC) has responded to the criticisms of the UK Stewardship Code levelled by Sir John Kingman.  The revised Code incorporates environmental, social and governance (ESG) factors for the first time, encouraging signatories to take material ESG issues, including climate change, into account when fulfilling their stewardship responsibilities.

Deterioration in quality of charity accounts

The Charity Commission has reported a continued deterioration in the quality of charity accounts.