News

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

317 pages found.

• 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 announces successful UK Stewardship Code signatories ahead of consultation closure

  The Financial Reporting Council (FRC) has announced the successful signatories to the UK Stewardship Code following the latest round of applications. There are now 297 signatories to the Code, representing £52.3 trillion assets under management. This incl

  11 February 2025

• FRC confirms no amendments to AS TM1

  Following its annual review and consultation on Actuarial Standard Technical Memorandum 1 (AS TM1), the Financial Reporting Council (FRC) has today confirmed that no changes will be made to the actuarial assumptions used to calculate Statutory Money Purch

  6 February 2025

• UK Sustainability TAC issues final recommendations

  The Financial Reporting Council (FRC), in its role as the Secretariat to the UK Sustainability Disclosure Technical Advisory Committee (the TAC’), has published the Committee’s final recommendations to the Secretary of State for Business and Trade, recomm

  18 December 2024

• FRC issues updated suite of factsheets for FRS 102

  The Financial Reporting Council has today issued an updated suite of factsheets on aspects of FRS 102. The updated factsheets follow the Periodic Review 2024 amendments to FRS 102 and other FRSs, and provide additional guidance to support stakeholder repo

  27 November 2024

• In Conversation series: UK Corporate Governance Code 2024 key aspects

  The FRC has published a series of podcasts relating to key aspects of the revised code to support stakeholders. Find below the episodes focussing on: audit committee minimum standards, diversity, outcomes-based reporting, culture, and comply or explain op

  26 November 2024

• FRC publishes revised technical actuarial standards for the insurance sector

  The Financial Reporting Council (FRC) has today published version 2.0 of Technical Actuarial Standard 200 (TAS 200). These revisions are reflective of stakeholder feedback received throughout the FRC’s consultation, and aim to reflect developments in th

  20 September 2024

• FRC issues September 2024 editions of UK and Ireland accounting standards

  The Financial Reporting Council (FRC) has today issued new September 2024 editions of UK and Ireland financial reporting standards.

  10 September 2024

• In Conversation: Looking ahead to the first reporting cycle of the 2024 UK Corporate Governance Code

  Ahead of the first reporting cycle under the new 2024 UK Corporate Governance Code, listen to the latest 'In Conversation' podcast episode featuring Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Maureen Beresford, Acting Dir

  9 September 2024

• FRC publishes amendments to FRS 101 Reduced Disclosure Framework

  The Financial Reporting Council (FRC) has today issued minor Amendments to FRS 101 Reduced Disclosure Framework following the 2023/24 annual review cycle.

  9 August 2024

• UKEB seeks stakeholder views on IASB's standard: IFRS 18 Presentation and Disclosure in Financial Statements

  Issued on behalf of the UKEB: IFRS 18 UKEB webinar recording and surveys; UKEB welcomes the IASB’s publication of its Exposure Draft (ED) Climate-related and Other Uncertainties in the Financial Statements; Share your experience of the UKEB Website.

  2 August 2024

• UKEB Outreach on the IASB’s IFRS 18 Presentation and Disclosure in Financial Statements

  The IASB published IFRS 18 Presentation and Disclosure in Financial Statements with an effective date of annual reporting periods beginning on or after 1 January 2027, subject to adoption in the UK by the UKEB. As part of UKEB’s endorsement and adoption w

  16 July 2024

• FRC publishes new technical actuarial standards for collective money purchase pensions

  The Financial Reporting Council (FRC) has today published version 1.0 of Technical Actuarial Standard 310: Collective Money Purchase Pensions (TAS 310).

  24 May 2024

• Rate Regulated Activities Economic Study

  This preliminary assessment is subject to change as the IASB deliberates on additional topics in anticipation of a standard being published in 2025.

  19 April 2024

• FRC revises UK and Ireland accounting standards

  The Financial Reporting Council (FRC) has today issued comprehensive improvements to financial reporting standards applicable in the UK and Republic of Ireland which are used by an estimated 3.4 million businesses.

  27 March 2024