Regulatory

The Financial Reporting Council (FRC) has today set out its expectations for corporate reporting to improve trust in business. In an open letter to all audit committee chairs and finance directors, the FRC has called for improvements to corporate reporting.

The largest accountancy firms have increased their share of the UK audit market with 100% of FTSE 100 companies now audited by the Big Four, according to new research from the Financial Reporting Council (FRC). Published today, the latest edition of Key Facts and Trends in the Accountancy Profession

The Financial Conduct Authority (FCA) has today confirmed that it has removed barriers that stop some mortgage customers from finding a cheaper mortgage deal. The new rules allow lenders to use a different and more proportionate affordability assessment for customers who meet certain criteria, such

The Financial Reporting Council (FRC) has launched a substantial and ambitious revision to the UK Stewardship Code. The new code substantially raises expectations for how money is invested on behalf of UK savers and pensioners.

Companies are falling short of investors’ expectations for clearer reporting on climate-related issues, according to a new report from the Financial Reporting Council's (FRC) Financial Reporting Lab.

The audit and accountancy profession is lagging behind business when it comes to the diversity of senior management, according to new research by the Financial Reporting Council (FRC).

The Financial Conduct Authority (FCA) is seeking compensation orders in favour of investors in respect of losses they have suffered in the First Park Limited's Park First scheme as it begins its proceedings against the company. The FCA has started the proceeding against the company's senior managers

The Financial Conduct Authority (FCA) has today announced plans to ban the way some car retailers receive commission.

The Financial Conduct Authority (FCA) has fined Tullett Prebon (Europe) Limited £15.4 million. The authority has fined the company for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems and for failing to be open and cooperative

The Financial Reporting Council (FRC) has initiated a recruitment drive in an attempt to fill 80 new openings. With over 80 new positions being created in the 2019/20 financial year alone, the FRC has emphasised that there are significant opportunities for a broad range of candidates to play a key r

Accountancy firm Johnston Carmichael has taken over the audit role for Dunedin Enterprise Trust after KPMG was axed. Johnston Carmichael won the contract for the major private equity investment organisation following changes to guidance over the independence of auditors.

The Financial Reporting Council (FRC) has appointed Simon Dingemans and Sir Jon Thompson as its new chairperson and chief executive respectively. Simon Dingemans replaces Sir Win Bischoff, who steps down after six years in the post. Sir Jon Thompson succeeds Stephen Haddrill who held the role of chi

The Financial Conduct Authority (FCA) has said that an estimated six million insurance customers pay high prices and are not getting a good deal. The watchdog made the statement following the publication of an interim report into the pricing of home and motor insurance.

The Financial Conduct Authority (FCA) has published a series of potential remedies to tackle concerns about general insurance pricing. In an interim report of its market study into the pricing of home and motor insurance, the FCA found that competition is not working well for all consumers in these

The Financial Reporting Council (FRC) has revealed public opinion on the regulation of corporate reporting, audit and governance. Its research has indicated that the public supports the FRC taking firmer action to hold companies to account.