FRC appoints Gareth Rees QC to lead its discipline work
News types: Staff/Board Announcements
Published: 29 February 2012
FRC PN 353
The Financial Reporting Council (FRC) has today announced the appointment of Gareth Rees QC to the position of Executive Counsel to the AADB. He will take up this role on 12 March 2012.
Commenting on his appointment, FRC Chief Executive Stephen Haddrill said,
The Financial Reporting Council (FRC) has today announced the appointment of Gareth Rees QC to the position of Executive Counsel to the AADB. He will take up this role on 12 March 2012.
Commenting on his appointment, FRC Chief Executive Stephen Haddrill said,
“Gareth brings extensive regulatory and disciplinary experience in both prosecution and defence, and possesses an exceptional understanding of the workings of our Accounting and Actuarial Discipline Board. His experience will be an enormous asset and will significantly help expedite disciplinary cases in a proportionate and timely manner. I look forward to working with him.”
Notes to Editors
- The Financial Reporting Council is the UK’s independent regulator for promoting high quality corporate governance and reporting to foster investment.
- The Accountancy and Actuarial Discipline Board ("AADB"), part of the FRC, is the independent, investigative and disciplinary body for accountants and actuaries in the UK. The AADB is responsible for operating and administering independent disciplinary schemes for these professions. The Accountancy Scheme covers Members of the following accountants' professional bodies:- the Association of Chartered Certified Accountants, the Chartered Institute of Management Accountants, the Chartered Institute of Public Finance and Accountancy, the Institute of Chartered Accountants in Ireland, the Institute of Chartered Accountants of Scotland and the Institute of Chartered Accountants in England and Wales. The Actuarial Scheme covers Members of the Institute and Faculty of Actuaries (formerly the Institute of Actuaries) and the Faculty of Actuaries (prior to its merger with the Institute of Faculty of Actuaries).
- Gareth Rees is a QC practicing in the areas of financial, commercial crime and regulation at 23 Essex Street, a leading set of barristers’ chambers in regulatory and disciplinary matters. Since taking silk in 2003, his practice is almost exclusively focused on financial and corporate crime with an emphasis on regulatory and disciplinary matters.
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