The Audit Reporting and Governance Authority (ARGA) is the planned new regulator set to replace the Financial Reporting Council (FRC) as part of the UK government’s audit and corporate governance reforms. Intended to have stronger statutory powers, ARGA will oversee audit quality, corporate reporting, and governance in large companies, as well as regulate the audit profession more robustly.

Coverage includes government announcements on ARGA’s establishment, consultation outcomes, and the legislative timetable for its implementation. Editorial reporting also explores ARGA’s expected remit—such as setting and enforcing corporate reporting standards, approving auditors of Public Interest Entities (PIEs), and having a direct role in investigating company directors for governance failures.