FCA seeks to fine former Worldspreads CEO over ‘market abuse’
The Financial Conduct Authority (FCA) has published a decision notice seeking to fine Conor Foley, the former CEO of Worldspreads,...
Tuesday, July 7, 2020
Regulation
FRC sets new guidelines for ‘Big Four’ audits
The FRC has announced new guidelines for the audit practices of the UK’s ‘Big Four’ accountancy firms. The objectives of...
FCA lifts restrictions for UK Wirecard customers
Wirecard customers in the UK will now be able to access their cash after the FCA confirmed it has lifted...
FCA publicly censures Redcentric for ‘market abuse’
The FCA has issued a public censure to Redcentric for committing “market abuse” between 9 November 2015 and 7 November...
FRC anncounes Disciplinary Tribunal hearing over Autonomy Corporation audits
The Financial Reporting Council (FRC) has announced a Disciplinary Tribunal hearing into Deloitte and ICAEW members Richard Knights and Nigel...
FRC launches investigations PwC and EY over LC&F audits
The Financial Reporting Council (FRC) has launched investigations into three audit firms over the audits of London Capital and Finance...
Pre-Emption Group appoints Simon Fraser as chair
The Financial Reporting Council (FRC) has announced that Simon Fraser has been appointed as the chair of the Pre-Emption Group...
Investors expect timely and clear disclosures, says FRC
Investors are calling for “clear and timely disclosures” from companies, including any going concern considerations, according to new research from...
FRC sanctions KPMG over Foresight 4 VCT audits
The Financial Reporting Council (FRC) has issued non-financial sanctions against ‘Big Four’ accountancy firm KPMG in relation to its statutory...
CIPFA issues temporary S.114 guidance
The Chartered Institute of Public Finance and Accountancy (CIPFA) has modified its guidance for CFOs to allow councils the “time...
