FCA cautions Carillion over ‘misleading’ reporting
The Financial Conduct Authority (FCA) has issued a warning notice to Carillion over “misleading” reporting. The regulator emphasised a number...
Saturday, November 28, 2020
Regulators
FRC reveals company reporting expectations for 2020/21
The FRC has published its annual end of year letter to CEOs, CFOs and audit committee chairs, outlining the body’s...
FRC urges auditors to ‘redouble’ efforts during Covid
The Financial Reporting Council (FRC) is urging auditors to “redouble” their efforts in order to rectify inconsistent audit reporting. The...
Regulator urges industry to combat pension scams
The Pensions Regulator (TPR) is urging the industry to combat pension scams as part of a new campaign. The pledge...
Regulator releases guidance on £170bn pension ‘superfunds’
The Pensions Regulator (TPR) has published new guidance for trustees and employers on transferring to defined benefit (DB) ‘superfunds’, with...
FRC calls on UK firms to end poor quality corporate reporting
The Financial Reporting Council (FRC) has published its ‘Annual Review of Corporate Reporting’, which reveals the authority’s ‘top ten’ areas...
Business Secretary appoints Interim FRC chair
Business Secretary Alok Sharma has appointed Keith Skeoch as interim chair of the Financial Reporting Council (FRC). Skeoch, previously a...
FCA bans IFA directors after false SIPP statements
The Financial Conduct Authority (FCA) has banned Peter Howson and John Butterfield from performing any regulated activity, following their “false...
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...
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...
