The UK Corporate Governance Code

Discusses proposals contained in a consultation paper published by the Financial Reporting Council on October 2, 2013 on whether it was necessary to amend the Corporate Governance Code following the enactment of legislation on executive remuneration. Includes clawback provisions, the composition of the remuneration committee, and what a company should do if its remuneration policy does not have the support of a "substantial majority" of the shareholders.