Home

FRC launches consultation on enhanced enforcement procedures

The consultation proposes a broader range of proportionate and targeted regulatory responses which support more timely outcomes

Building capability and supporting growth for small UK audit firms

Initiative for small audit firms looking to establish a greater presence in the UK Public Interest Entity (PIE) audit market

Latest News

• Sanctions against KPMG LLP and Anthony Sykes

  Published: 7 October 2025

• FRC to develop technical guidance for pension scheme actuaries to respond to forthcoming legislation

  Published: 3 October 2025

• Financial Reporting Council Announces Two New Executive Directors

  Published: 3 October 2025

• FRC Launches Consultation on Enhanced Enforcement Procedures as part of its end to end enforcement review

  Published: 1 October 2025

• FRC issues October consultations

  Published: 1 October 2025

• FRC consults as part of annual review of FRS 101

  Published: 1 October 2025

View all news

Open Consultations

• FRED 87 Draft amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Adapted formats

  Response deadline: 10 October 2025

• Consultation on Practice Note to support the audit of smaller and/or less complex entities

  Response deadline: 17 October 2025

• Small and medium-sized enterprises (SME) market study

  Response deadline: 17 October 2025

• Audit Enforcement Procedure: Consultation on proposed updates to the FRC’s routes to resolution

  Response deadline: 9 January 2026

• FRED 88 FRS 101 Reduced Disclosure Framework – 2025/26 cycle

  Response deadline: 16 January 2026

• Proposed Revisions to ISA (UK) 240 and ISA (UK) 570

  Response deadline: 16 January 2026

• Proposed Revisions to ISA (UK) 700, ISA (UK) 701 and ISA (UK) 720

  Response deadline: 16 January 2026

View all consultations

Standards and Codes

We set standards and codes for the UK

• Accounting Standards
• Auditing Standards
• Actuarial Standards
• UK Corporate Governance Code
• UK Stewardship Code 2026

Supervision

We deliver supervisory and monitoring obligations

• Audit Firm Supervision
• Audit Market Supervision
• Audit Quality Review
• Corporate Reporting Review
• Professional Bodies Supervision
• Audit Firm Resources
• Audit Firm Specific Reports

Enforcement

We conduct investigations and take enforcement action where appropriate

• Audit Enforcement Procedure
• Accountancy Scheme
• Actuarial Scheme

Working at the FRC

The FRC currently has a range of vacancies from entry level to senior hires. Find out more about working at the FRC.

View all careers