The Financial Conduct Authority (FCA) has today published its annual Sector Views, an assessment of the risks and potential harm to consumers across financial services markets. The Sector Views look at the impact of macroeconomic developments and common drivers of change emerging across financial ma
The Financial Reporting Council (FRC) has today published guidance for companies on disclosure of risks and other reporting consequences arising from the emergence and spread of Coronavirus (COVID-19). The regulator is also discussing with audit firms whether the virus affects their ability to revie
Sheldon Mills has been appointed as interim chief executive director of strategy and competition at the Financial Conduct Authority (FCA).
The Financial Reporting Council (FRC) and Department for Business, Energy and Industrial Strategy (BEIS) have published joint letters for accountants and auditors with information regarding auditing, accounting and corporate reporting standards during the transition period following the UK’s e
New research from the Hampton-Alexander Review has found one-third of board seats at FTSE 100 companies are now held by women, however progress to develop the succession pipeline across the FTSE 350 remains slow.
The Treasury has confirmed the appointment of Jeannette Lichner and Bernadette Conroy as non-executive directors to the Financial Conduct Authority (FCA) board. Ms Lichner and Ms Conrol will each serve three-year terms beginning on 1 April 2020 and 1 August 2020 respectively.
Over half of FTSE 250 companies (52%) fail to mention ethnicity in their board diversity policy, and most of the FTSE 350 do not set measurable ethnicity targets, according to new research from the Financial Reporting Council (FRC). Just 14% of FTSE 100 companies set measurable objectives for board
The Financial Reporting Council (FRC) has today announced a major shakeup of its oversight and supervisory functions to speed up the pace of enforcement investigations. The regulator is also broadening its stated purpose which is to serve the public interest by setting high standards of corporate go
The Financial Conduct Authority (FCA) has issued information for firms during the Brexit implementation period. The authority said that during the implementation period of the UK's withdrawal from the EU today, which is due to last until 31st December 2020, EU law will continue to apply.
Stonewall has released its Top 100 Employers 2020 listing with financial organisations featuring making the cut.
FRC launches consultation on revised auditing standard for identifying risks of material misstatement
The Financial Reporting Council (FRC) has today launched a consultation on revised auditing standard for identifying and assessing risks of material misstatement. The FRC’s changes reflect revisions made by the International Auditing and Assurance Standards Board (IAASB) and are designed
The Financial Conduct Authority (FCA) has written to major banks today asking them to provide evidence of how they arrived at their overdraft pricing decisions.
The Pensions Regulator has fined the retirement scheme of the Financial Conduct Authority (FCA), in a rare instance of one watchdog issuing a fine to another.
The Competitions and Markets Authority (CMA) has urged that legislation should break up the UK's largest accountancy firms known as 'The Big Four' after it emerged that the profession is engaging in talks to enact a self-imposed split.
HM Treasury, following the advice of the board of the Financial Conduct Authority (FCA), has appointed Christopher Woolard as interim chief executive. Mr Woolard will take on the chief executive role following Andrew Bailey’s departure to become governor of the Bank of England.