Audit
FRC publishes regulations for new PIE Auditor Register
The Kingman Review in 2018 found that the FRC had insufficient powers to address systemic issues at the firms, relying on the registration powers of the Recognised Supervisory Bodies. The creation of the PIE Auditor Register was also a key action set out in the Government Response in May and is one of the first projects to be implemented.
The Financial Reporting Council (FRC) has published the regulations for the upcoming PIE Auditor Register, following the Government’s response to the consultation on restoring trust in audit and corporate governance.
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