Pauline Wallace named chair of UKEB
Pauline Wallace has been appointed as the inaugural chair of the UK Accounting Standards Endorsement Board (UKEB). Wallace has over...
Sunday, September 27, 2020
Regulators
Grant Thornton fined £3m by FRC
The Financial Reporting Council (FRC) has fined Grant Thornton UK £3m for “firm-wide failures” to ensure compliance with ethical standards...
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...
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...
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 closes five-year investigation into Tesco
The Financial Reporting Council (FRC) has announced the closure of a five-year investigation into the accountants working within ‘Big Four’...
Number of ‘Dear CEO’-style warning letters issued by the FCA and PRA hits new high
The number of regulatory warning letters issued by the FCA and the PRA, often referred to as ‘Dear CEO letters’,...
FRC strengthens corporate governance and stewardship team
The Financial Reporting Council’s (FRC) Corporate Governance and Stewardship Team has been strengthened with two new senior management positions. Maureen...
