New Governance and Financial Viability Code of Practice (1) Code is designed to amplify the requirements of the new standard Regulator will have regard to the code in considering if standards have been met Responsibility lies with boards to meet economic and governance standards – RPs develop their own approach to assurance Examples in the code are not intended to be exhaustive or prescriptive, as long as the RP complies - they are free to do so If there are any conflicts with the code, the standard takes precedence
{}