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Company X is a large company which is traded on the UK stock exchange.

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Company X is a large company which is traded on the UK stock exchange. According to the Companies (Miscellaneous Reporting) Regulations 2018- is it obligatory for Company X to follow a Corporate Governance Code?

A.

yes- all companies in the UK must follow this

B.

yes- all companies trading on the stock exchange must do this

C.

no- corporate governance codes are not mandatory

D.

no- but if it doesn't follow a Corporate Governance Code it must explain the reasons why not

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