Draft Code of Corporate Governance for the Private Sector 2018
On 17 October 2016, the Financial Reporting Council (FRC) introduced a mandatory National Code of Corporate Governance ("2016 Code"), which comprised of three separate Codes for the public sector, private sector and nonprofits. However, as a result of sustained and intense protests about inadequate stakeholder consultations and its mandatory application, the 2016 Code was suspended by the Federal Government on 28 October 2016 and a Technical Committee was constituted in Janua