KFRS Code of Corporate Governance

January 2025

As part of good governance arrangements, the Chartered Institute of Public Finance and Accountancy (CIPFA) recommend that local authorities develop their own code of corporate governance, which demonstrates how an authority’s governance arrangements meet the seven principles of good governance as set out in the CIPFA Delivering Good Governance in Local Government Framework. These seven principles of good governance are themselves based upon the Seven Principles of Public Life (also known as the Nolan Principles).

Following the publication of this guidance by CIPFA in 2016, KFRS introduced its own code of corporate governance. In 2020, our code of corporate governance was further reviewed and updated to ensure that it incorporated the requirements of new guidance contained within the CIPFA Financial Management Code (2019).

In line with CIPFA guidance, the code of corporate governance sets out CIPFA’s seven principles of good governance along with how we will meet and deliver these principles and where evidence of this may be found.

Through its basis on the Seven Principles of Public Life, the code also links to our Code of Ethical Conduct for Employees.

The Code of Corporate Governance is reviewed annually to ensure that it remains relevant and up to date. It is then taken to the Audit and Governance Committee for approval and published along with the Annual Governance Statement.

Loading...