The Financial Reporting Council (FRC), the U.K.’s corporate governance regulator, has published the final revised Guidance on the Strategic Report, a set of high-level principles intended to help companies improve the relevance of their strategic reports to shareholders.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...