Regulators
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Aug- 2023 -22 August
IHT receipts rise to £2.6bn
IHT receipts for April to July 2023 amounted to £2.6bn, which is £0.2bn higher than the same period a year…
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Jul- 2023 -27 July
FRC imposed ‘record’ £40.5m in sanctions in FY22
The FRC has revealed that a record number of cases were resolved in the year 2022/23 that resulted in financial…
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Jun- 2023 -30 June
AAT warns AML overthrow could lead to more economic crime
The AAT has warned that the government must proceed with great caution before potentially tearing up anti-money laundering (AML) processes…
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8 June
FCA introduces ‘tough’ new rules for marketing crypto assets
The FCA has announced that those who market crypto assets to UK consumers will need to introduce a ‘cooling-off’ period…
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May- 2023 -10 May
FCA urges firms to prepare for Consumer Duty deadline
The FCA has urged firms to ensure they are ready for the impending Consumer Duty deadline on 31 July, as…
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Mar- 2023 -27 March
FRC outlines three-year plan as costs to rise £6.5m
The Financial Reporting Council (FRC) has published its latest three-year plan, outlining its priorities and objectives for the period 2023-2026.…
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Feb- 2023 -13 February
FRC chief leaves to join HS2
CEO of the Financial Reporting Council (FRC) Sir Jon Thompson has resigned from his position to become chair of HS2.…
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Dec- 2022 -20 December
MTD for ITSA delayed until April 2026
The government has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), which will represent a change…
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19 December
FRC to focus on going concern and fraud in 23/24
The Financial Reporting Council (FRC) has announced its new areas of supervisory focus for the next financial year with a…
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Oct- 2022 -7 October
FCA begins probe into Mazars audit of Studio Retail
The Financial Reporting Council (FRC) has revealed it has commenced an investigation in relation to the audit conducted by Mazars…
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