UK – Financial Reporting Council (FRC)

UK – Financial Reporting Council (FRC) – The UK Stewardship Code for Asset Owners and Managers and for Service Providers – 2020. Covering:

Principles for Asset Owners and Asset Managers

Purpose and Governance

1 – Purpose, Strategy, and Culture

2 – Governance, Resources, and Incentives

3 – Conflicts of Interest

4 – Promoting Well-functioning Markets

5 – Review and Assurance

Investment Approach

6 – Client and Beneficiary Needs

7 – Stewardship, Investment, and ESG integration

8 – Monitoring Managers and Service Providers

Engagement

9 – Engagement

10 – Collaboration

11 – Escalation

Exercising Rights and Responsibilities

12 – Exercising Rights and Responsibilities

Principles for Service Providers

1 – Purpose, Strategy, and Culture

2 – Governance, Resources, and Incentives

3 – Conflicts of Interest

4 – Promoting Well-functioning Markets

5 – Supporting Client’s Stewardship

6 – Review and Assurance