Regulators
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Oct- 2020 -21 October
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…
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16 October
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…
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12 October
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…
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Sep- 2020 -15 September
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…
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Jul- 2020 -8 July
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…
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6 July
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…
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Jun- 2020 -30 June
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…
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29 June
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…
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24 June
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…
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15 June
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…
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