TPR General Code coming into effect

Commenting on the TPR’s General Code which has come into effect, Laura Andrikopoulos, Head of Governance Consulting, Hymans Robertson, said:

“We are pleased to see the General Code finally over the line. The response from Trustees so far has been good, with plans for full compliance well advanced. The task for Trustees over the next few months will be filling any remaining ESOG gaps and commencing their ORA planning. As part of the ORA, Trustees will need to evaluate the effectiveness of their governance. This is a helpful prompt to reflecting on key decisions taken, in addition to a more technical approach to testing policies and processes.”