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The Financial Reporting Council (FRC) has finalised its 2025/26 annual review of FRS 101, concluding that no major structural changes are required for the reduced disclosure framework.

The Financial Reporting Council (FRC) has imposed substantial sanctions on two former group finance directors of Carillion plc, drawing to a close one of the most far-reaching regulatory investigations into a UK corporate failure in recent memory. Richard Adam, Carillion's former group finance direc

The Financial Conduct Authority is grappling with a sharp rise in whistleblowing reports, with new data suggesting the watchdog is struggling to keep pace with its growing caseload. According to figures published by the regulator, the volume of whistleblowing reports submitted in the UK climbed by a

The Financial Conduct Authority (FCA) has issued fresh guidance to firms and consumers following legal challenges to its motor finance compensation scheme, confirming that a tribunal hearing is unlikely before October. The regulator reaffirmed that its priorities remain securing fair compensation fo

The Financial Conduct Authority (FCA) has carried out its first operation with partners to disrupt illegal peer-to-peer crypto trading across multiple London locations.

The Financial Conduct Authority (FCA) has fined Richard Howson £237,700 for his part in misleading statements being issued by Carillion plc. As group chief executive, Mr Howson, was aware of serious financial troubles in Carillion’s UK construction business. He failed to reflect this in

The Financial Conduct Authority faces an uncertain future following a government U-turn on plans to overhaul how auditors are policed. Despite an announcement in the King’s Speech in July 2024 that the current Labour government would advance the long-awaited audit reform and corporate governan

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have announced a package of measures designed to support and expand the mutuals sector. Launched today at an event in Rochdale, the initiative aligns with the UK government’s ambition to double the size of the

The Financial Reporting Council (FRC) has published its annual Audit Market and Competition Update, showing that initiatives to promote a more resilient and competitive audit market have supported firms outside of the Big Four to build their share of Public Interest Entity (PIE) audit engagements. W

People who overlook long-term financial planning during a divorce can face years of financial regret, a University of Edinburgh study has suggested. Researchers found that short-term thinking at time of divorce can leave some losing out on money from paid employment, occupational pension, access to

The Financial Reporting Council (FRC) has released the 23rd edition of its Key Facts and Trends (KFAT) report, offering a comprehensive overview of the UK accountancy and audit landscape. This year's report highlights continued growth in the accountancy profession, with rising membership i

The Financial Conduct Authority (FCA) has outlined proposals for an £11 billion compensation scheme for millions of motorists who were unfairly overcharged for car finance between 2007 and 2024. The £11bn total includes admin fees and is on the lower end of the FCA's previously earmarked

OnPath Energy has achieved financial close on a 33.4MW Scottish onshore wind project after securing financing from NatWest. The six-turbine Mill Rig Wind Farm, which sits between Strathaven and Darvel in South Lanarkshire, will feature some of the UK’s most advanced turbines to maximise energy

The Financial Reporting Council (FRC), as secretariat to the UK Sustainability Disclosure Technical Advisory Committee (TAC), is requesting views from stakeholders on the International Sustainability Standards Board (ISSB)’s recently proposed amendments to the Sustainability Accounting Standar

The Financial Reporting Council (FRC) has opened an investigation into accounting giant Deloitte over eight years of its audits for the FTSE 100 mining firm Glencore, following a major bribery conviction against the commodity trader. The FRC confirmed it is examining Deloitte's audits of Glencore an