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Regulators

FRC enforcement division grows 44%

In the council's third annual enforcement review, it highlighted the group’s’ continued focus’ on driving audit quality improvements, with the number of cases resolved through constructive engagement, up from 31 to 48

The Financial Reporting Council (FRC) has revealed that its enforcement division has grown by 44% in the last year, to enable the “swifter“ resolution of cases, while the number of investigations opened also increased.

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