News

This page list press notices and announcements issued by the FRC.

1727 pages found.

  • In Conversation: Transforming access to company data

    In the latest FRC ‘In Conversation’ podcast episode, Adam Mohamed, Head of Communications, discusses the recently launched digital reporting ‘Viewer’, a new free tool designed to improve access to structured company reporting data, with Phil Fitz-Gerald,

    22 April 2025

  • In Conversation: Discussing the FRC's end-to-end enforcement process review

    In our latest ‘In Conversation’ podcast, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, Sarah Rapson, Executive Director of Supervision, and Elizabeth Barrett, Executive Counsel and Executive Director of Enforcement, discuss the Financial Reporting Council’s (FRC) end-to-end enforcement process review, as referenced in its 3-Year Strategy. They discuss the reasons for launching the review now, the key issues the review is considering, and the importance of this work to stakeholders - including plans for upcoming roundtables.

    17 April 2025

  • Investigation regarding the audits of Post Office Limited by Ernst & Young LLP

    This Press Notice concerns the opening of an investigation into one or more Statutory Auditor(s) and/or Statutory Audit Firm(s). The investigation does not relate to any persons or entities other than the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s) and it would not be fair to treat any part of this announcement as constituting or evidencing an investigation into any other persons or entities.

    16 April 2025

  • FRC introduces quarterly consultation schedule

    The Financial Reporting Council (FRC) has today announced the introduction of a quarterly consultation release schedule. This schedule is intended to deliver greater consistency and provide clarity for stakeholders – enabling them to anticipate, prepare f

    15 April 2025

  • Sanctions against Ernst & Young LLP and Mr Christopher Voogd

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure against Ernst & Young LLP (EY) and Christopher Voogd (the audit engagement partner) and imposed sanctions in

    14 April 2025

  • Sanctions against Ernst & Young LLP and Richard Wilson

    The Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure and imposed sanctions on Ernst & Young LLP (EY) and Richard Wilson (Mr Wilson), audit engagement partner, in

    10 April 2025

  • Investigation regarding the audit of Home REIT plc by BDO LLP

    The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audit conducted by BDO LLP of the consolidated financial statements of Home REIT plc for the year ended 31 August 2021.

    8 April 2025

  • FRC publishes key observations from actuarial monitoring pilot

    The Financial Reporting Council (FRC) has today published the key observations from the pilot phase of its actuarial monitoring programme.

    7 April 2025

  • Roundtable invitation: Wates Principles insights

    As part of its work in overseeing the Wates Principles, the FRC invites stakeholders to attend upcoming roundtables to gather insights on the application of the Principles and to identify ways to enhance reporting.

    2 April 2025

  • Financial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms

    The Financial Reporting Council (FRC) has today published an updated letter regarding its approach to capital restructuring at UK audit firms.

    25 March 2025

  • Sanctions against PricewaterhouseCoopers LLP and Jonathan Hinchliffe

    The Executive Counsel of the Financial Reporting Council (“FRC”) has issued a Final Settlement Decision Notice under the Audit Enforcement Procedure and imposed sanctions against PricewaterhouseCoopers (“PwC”) and Jonathan Hinchliffe (“Mr Hinchliffe”) in

    25 March 2025

  • UKSEF Conformance Suite v.2.0 published

    24 March 2025

  • Financial Reporting Council Relocates London Office to Canary Wharf

    The Financial Reporting Council (FRC) has this week relocated its London office from London Wall in Moorgate to Harbour Exchange in Canary Wharf.

    21 March 2025

  • FRC releases updates to reflect reporting threshold amendments

    In response to the Government’s changes to UK company size thresholds, due to come into effect from 6 April 2025, the Financial Reporting Council (FRC) has today released updates to relevant existing publications. The FRC has also published a summary docu

    21 March 2025

  • FRC Backs Growth in New Three-Year Plan

    Following consultation and engagement with stakeholders, the Financial Reporting Council (FRC) has today published its Strategy for 2025-28 and its Annual Business Plan and Budget for 2025-26. This is the first three-year strategy delivered by the regulator since 2023 and sets out a series of important changes intended to continue to support businesses and the government’s mission to promote UK economic growth and investment.

    20 March 2025