Further to publication of the FRC’s Revised Ethical Standard December 2019 we now have ceased to provide tax compliance providers with impact from the present monetary year. As disclosed in the Corporate Governance Report, tax compliance services were provided in the current yr in relation to the previous financial 12 months as permitted by the FRC’s Revised Ethical Standard June 2016.
Investors – The Company’s shareholders have a big position in monitoring and safeguarding the governance of the Company. Shareholders have entry to the Board through the Company Secretary and the Investment Manager throughout the year.
These requirements and the requirements of the Modern Slavery Act 2015 don’t apply to the Company as it has no employees and no physical belongings, all of the Directors are non-executive and it has outsourced all its management and administrative features to 3rd-celebration service suppliers. The Company has due to this fact …