Previously, in line with other UK universities, Cambridge followed the guidelines laid out in the 1994 Zellick Report, which advised universities against investigating "serious" offenses and proposed that disciplinary action should only be taken following relevant action by the police and courts.
The new policy will allow victims to formally report allegations of sexual violence to the university directly for the first time.
Charlotte Chorley, the women's officer at Cambridge, told 'The Guardian' the latest move by the central university was an "important first step" in ensuring sexual harassment policies were in place across all colleges within the varsity.
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A survey by the newspaper in May found fewer than half of Russell Group universities, which makes up all leading UK universities, monitor the extent of sexual violence against students.
Last year, a survey by Cambridge University Students' Union reported 77 per cent of respondents had experienced sexual harassment, 30 per cent had experienced sexual assault and that the majority of such assaults went unreported.
"As a result, the university has revised its disciplinary code of conduct so that it encompasses harassment, including sexual assault. We worked closely with student representatives to produce a new set of guidelines and to signpost the support that already exists across the university and the colleges.
"In addition, the university sports committee has agreed to develop codes of conduct to support gender equality and ensure exemplary standards of behaviour.