THE level of compliance with corporate governance disclosure requirements among FTSE loo companies is generally high, according to a survey by Deloitte & Touche. Of the 45 companies surveyed, only two issued a qualified statement of compliance with the Cadbury Code of Best Practice.

The majority, 37 of the 45, included voluntary statements by the directors on internal financial control in advance of the requirements to do so. A fifth went further than the minimum disclosure requirements on internal financial control and all reported on a going concern basis.