Accounting StandardsLatest NewsRegulationRegulators
FRC tells audit bosses to report private equity plans
Chief executive Richard Moriarty said the regulator is not ‘in principle against a greater participation of external private capital in the UK audit market’ but that its role is to ‘protect the public interest and support growth’
FRC has asked audit bosses to tell the accounting regulator of any plans to sell stakes of their business to private equity.
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