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The AIC Code of Corporate Governance, 2010

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Summary

The "AIC Code of Corporate Governance, 2010" in the UK provides governance guidelines specifically for investment companies. This code sets out principles and recommendations to ensure high standards of governance, focusing on board structure and responsibilities, shareholder relations, and risk management. It encourages investment companies to adopt practices that enhance transparency, accountability, and efficiency. By following this code, investment companies can build investor confidence, ensure effective oversight, and promote sustainable long-term performance. The AIC Code aims to align the governance practices of investment companies with broader corporate governance standards while addressing the unique aspects of the investment sector.

Thumbnail image for The "AIC Code of Corporate Governance, 2010" in the UK provides governance guidelines specifically for investment companies. This code sets out principles and recommendations to ensure high standards of governance, focusing on board structure and responsibilities, shareholder relations, and risk management. It encourages investment companies to adopt practices that enhance transparency, accountability, and efficiency. By following this code, investment companies can build investor confidence, ensure effective oversight, and promote sustainable long-term performance. The AIC Code aims to align the governance practices of investment companies with broader corporate governance standards while addressing the unique aspects of the investment sector.
Issuer

United Kingdom

Year

2010

Region

Europe

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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