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.
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