Crime

What accountancy can learn from financial services on knowing your client

Regulatory Background for Change  In 2012 the FCA pushed financial advisers to move from a “commission” model to a fee-based…

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Today’s news in brief – 15/5/2025

The UK’s Financial Reporting Council (FRC) published a discussion paper revealing broad stakeholder support for the evolution of digital reporting…

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FRC unveils stakeholder backing for next phase of UK digital reporting

Stakeholders support digital reporting and foster the collaborative approach needed to address the challenges in the next phase of digital…

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Compliance is changing — should accountancy firms still offer company secretarial services?

For a long time, company secretarial work has been one of the jobs done quietly in the background of many…

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Fraud losses hit £2.3bn in 2024, RSM finds

The total reported amount lost to fraud reached £2.3bn in 2024, according to figures from a freedom of information request…

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FCA to support innovative products and new firms through work programme

The FCA has pledged to make it easier for firms to test innovative products and support new firms applying for…

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Today’s news in brief – 25/3/2025

The Financial Reporting Council (FRC) has fined PwC £4.5m for its inadequate audit of Wyelands Bank’s financial statements for the…

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FCA unveils 5-year strategy to support growth

The FCA has launched a new five-year strategy to “deepen trust, rebalance risk, support growth and improve lives”.  The new…

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Reflections on a year of change for accountancy

A lot can happen in twelve months…After his first full year at the helm, Jonathan Barber, Executive Director – UK…

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Authorised Corporate Service Providers:  How the Accountancy Sector can support the fight against economic crime 

Following the introduction of the Economic Crime and Corporate Transparency Act to UK law, we at Companies House have been…

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