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Higgs contradicts FRC on code.

Document Cited in Related
Vincent
PositionNews Round-Up - Financial Reporting Council - Brief Article

A revised Combined Code will be published in "weeks, not months", according to Derek Higgs, author of the controversial report on the role of non-executive directors. His comments contradict indications from the Financial Reporting Council (FRC) that a revised code could take months to publish. "The consultation identified strong criticism about certain aspects of the proposed changes," said Sir Bryan Nicholson, the FRC's chairman, when he announced in May that a working party would be set up to revise the code. "The FRC will reach a final draft that will...

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