The Chartered Governance Institute UK & Ireland has welcomed the Government’s review of corporate reporting but says simpler requirements must continue to give shareholders and other users meaningful information about strategy, performance, risk and long-term value.

The consultation, announced on 7 September 2026, proposes significant reforms to financial reporting, strategic reporting, corporate governance reporting, remuneration reporting and digital communications, with the aim of creating a simpler, more proportionate, and future-focused system.

Peter Swabey, policy and research director at the Chartered Governance Institute UK & Ireland, said: “This consultation provides an important opportunity to review whether the UK’s corporate reporting framework remains clear, coherent and fit for purpose in a rapidly changing business environment. We support the Government’s ambition to simplify reporting requirements where they have become unnecessarily complex or duplicative. A well-designed reporting framework should deliver meaningful information to its users while avoiding unnecessary burden on companies.”

He added that the consultation raises important questions about the purpose of corporate reporting, the balance between transparency and proportionality, and the role of governance reporting in supporting effective stewardship, accountability, and investor confidence.

“Corporate reporting is not simply a compliance exercise. It enables boards to explain strategy, performance, risk, and long-term value creation. It provides the transparency that supports trust in business and confidence in capital markets and any reforms must preserve those outcomes.”
The Institute said it will review the proposals in detail and collect member feedback before contributing to the consultation process which closes on 30 November 2026.

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