Reporting on internal controls is a key feature of the scaled-down 2024 update, as is the principle of ‘comply or explain’.

Although the government cancelled the requirement, resilience disclosures ‘cannot be wasted effort’, says senior auditco chair.

Government legislative agenda sees FRC reduce governance code revisions, but declaration on controls survives the cull.

The detail of the new regulations has been fleshed out—and could catch many more companies than expected.

Experts warn that boards cannot devise a response plan to everything that might go wrong, so should focus on emerging risks.

Experts from boardrooms, academia, not-for-profits and consultancy will gather to explore the road to resilience in uncertain times.

The government’s reform proposals include seeking disclosures from many non-financial public interest entities.