Regulators

Insolvency service cracks down on bounce back loan abusers

The insolvency service has announced three directors have been banned following investigations which found that nearly £100k worth of bounce…

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FRC commences investigation into BDO audit of NMCN

The Financial Reporting Council (FRC) has revealed it has commenced an investigation in relation to the audit conducted by BDO…

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FCA chair to step down

The chair of the Financial Conduct Authority (FCA), Charles Randell has announced that he plans to step down in Spring…

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FCA staff launch formal petition for union recognition

Staff at the Financial Conduct Authority (FCA) have launched a formal petition for union recognition following concerns they have with…

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FRC calls for better reporting of liquidity and going concern disclosures

The Financial Reporting Council (FRC) has called on businesses to improve their reporting of liquidity, solvency, longer-term viability and going…

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FRC calls for improvements to emissions and energy consumption reporting

The Financial Reporting Council (FRC) has claimed that more needs to be done to make emissions and energy consumption reporting…

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FRC opens draft taxonomies 2022 suite to consultation

The Financial Reporting Council (FRC) has opened changes to the draft FRC taxonomies 2022 suite for consultation. Issued on the…

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TJN founders quit as they accuse network of wasting funding

Richard Murphy, a founder of the Tax Justice Network (TJN), has reportedly quit the organisation amid claims that it is…

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FRC launches audit firm governance consultation

The Financial Reporting Council (FRC) has announced a consultation on proposals to update the audit firm governance code. Relating to…

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FCA receives 2,754 allegations of misconduct from whistleblowers

The Financial Conduct Authority (FCA) has received a total of 2,754 separate allegations of misconduct, including fraud, money laundering and…

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