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The AIC Code of Corporate Governance. Incorporating the UK Corporate Governance Code and the AIC Code of Corporate Governance, 2016

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Summary

The "AIC Code of Corporate Governance, 2016" in the UK incorporates the principles of the UK Corporate Governance Code and additional guidelines specific to investment companies. This code provides a comprehensive framework for ensuring high standards of governance in investment companies, focusing on areas such as board composition and responsibilities, risk management, shareholder relations, and transparency. It emphasizes the importance of maintaining effective oversight, ethical conduct, and accountability. By adhering to this code, investment companies can enhance investor confidence, ensure robust governance practices, and promote long-term sustainable performance while aligning with the broader standards of corporate governance in the UK.

Thumbnail image for The "AIC Code of Corporate Governance, 2016" in the UK incorporates the principles of the UK Corporate Governance Code and additional guidelines specific to investment companies. This code provides a comprehensive framework for ensuring high standards of governance in investment companies, focusing on areas such as board composition and responsibilities, risk management, shareholder relations, and transparency. It emphasizes the importance of maintaining effective oversight, ethical conduct, and accountability. By adhering to this code, investment companies can enhance investor confidence, ensure robust governance practices, and promote long-term sustainable performance while aligning with the broader standards of corporate governance in the UK.
Issuer

United Kingdom

Year

2016

Region

Europe

Issuer (type)

The Association of Investment Companies (AIC) (Industry)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
  • Professional, Scientific, & Technical Services
Restrictiveness

Low

Sustainable Development Goals (SDGs)
  • SDG 2: Zero Hunger
  • SDG 5: Gender Equality
  • SDG 9: Industry, Innovation, and Infrastructure

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