Navigating Provision 29 of the UK Corporate Governance Code
DATE: |
THURS 8 MAY 2025 |
TIME: |
4pm (BST) |
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Webinar Summary
The 2024 revisions to the UK Corporate Governance Code bring a renewed focus on risk management and internal controls, with Provision 29 at the center of this transformation as organizations address this in 2025 for 2026 reporting. Companies must now demonstrate enhanced board accountability for risk and controls, ensuring robust systems that support long-term resilience and regulatory compliance.
This webinar will explore the practical implications of Provision 29, including challenges organizations face in implementing the required governance enhancements, the shift toward an ongoing, effective, and aligned risk management and internal control framework. Engage with us as we share strategies to effectively embed risk and internal control governance across the enterprise, what these changes mean for organizations, best practices for implementation, and how organizations can align governance frameworks with business objectives while strengthening risk oversight.
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Key Learning Objectives:
- Understand the new requirements under Provision 29 and their impact on UK-listed companies.
- Explore the increasing board responsibilities for internal controls and risk management.
- Gain insights into how organizations can implement a risk and internal controls management while balancing flexibility and compliance
- Learn best practices for embedding risk and internal control governance across business functions.
- Identify challenges and solutions in achieving greater assurance, accountability, and resilience.
Objectives of the workshop:
Attendees will take back to their organization’s approaches to address:
- Effectively managing risk and resilience
- Understand the challenges and pitfalls of managing risk and resilience
- Achieve success by capitalizing on agility while maintaining risk and resilience
- Facilitate ongoing monitoring of risk and resilience
- Define a risk and resilience management lifecycle
- Establish risk and resilience management ownership and accountability
- Provide risk and resilience management process consistency
- Communicate effectively with employees and stakeholders on matters of risk and resilience
- Track critical risk and resilience workflow and tasks
- Deliver effective risk and resilience governance and assurance to the board of directors, regulators, and stakeholders
- Monitor metrics to establish effectiveness or risk and resilience management
- Identify and resolve risk and resilience issues
GRC 20/20 Speaker Michael Rasmussen
GRC 20/20 Research Michael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions.
With 30+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.
Any questions?
The Decision Focus team are here to answer your questions.