Regulatory

1-15 of 417 Articles
Clock icon 1 minute

The Financial Reporting Council (FRC) has told audit firms in the UK to report any plans to sell stakes in their businesses to private equity.  Richard Moriarty, chief executive of the FRC, wrote this week to the bosses of the UK’s top accounting firms stating that the FRC was not against

Clock icon 2 minutes

The FCA has published guidance for memes, reels and gaming streams promoting financial services. The regulator has set out how adverts across social media channels must be fair, clear and not misleading, meaning they must have balance and carry the right risk warnings so people can make well informe

Clock icon 2 minutes

The Financial Reporting Council (FRC) has announced the Audit Committees and the External Audit: Minimum Standard, which comes after careful consideration of the consultation responses received from stakeholders.The consultation on the draft proposal for the Minimum Standard was launched by the FRC

Clock icon 3 minutes

With fewer than 90 days to go until the start of the Consumer Duty the Financial Conduct Authority (FCA) has urged firms to ensure they are ready for the 31 July deadline. In a speech Sheldon Mills, executive director of consumers and competition at the FCA, warned that firms who ignore the Duty or

Clock icon 1 minute

The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Deloitte of the consolidated financial statements of Joules Group plc. The investigation concerns the audit conducted byt he Big Four firm for the year ended 30 May 2021.

Clock icon 3 minutes

The Financial Reporting Council (FRC) has fined KPMG and its audit engagement partner Anthony Sykes £1.75 million and £75,000 respectively for failures in relation to its audit of the financial statements of TheWorks.co.uk plc. The Executive Counsel of the FRC has issued a Final Settleme

Clock icon 3 minutes

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank (TSB) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks, relating to the bank’s IT upgrade programme. Technical

Clock icon 3 minutes

In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used. The measures are

Clock icon 2 minutes

Raymond Esslemont, an Aberdeen businessman, faces jail time after pleading guilty to tax evasion totalling more than £350,000. It has been reported that the 70-year-old was too sick to appear at Aberdeen Sheriff Court on Friday, but admitted four charges of scamming the authorities between 200

Clock icon 3 minutes

A Financial Conduct Authority (FCA) review of business interruption claims handling has welcomed insurers quickly paying out interim payments, reallocating resources quickly and proactively communicating with policyholders to help them with claims following the test case judgment handed down by the

Clock icon 2 minutes

The Financial Reporting Council (FRC) has published a report on Navigating barriers to senior leadership for people from minority ethnic groups in FTSE 100 and FTSE 250 companies. The report shows that, while there are still significant challenges to be addressed, the need for change has been taken

1-15 of 417 Articles
Intership icon

Latest Jobs

Intership icon

Latest Events