News

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

1685 pages found.

• Pre-Emption Group reports UK companies embrace enhanced capital raising flexibility

  Issued on behalf of the Pre-Emption Group (PEG). The Pre-Emption Group has today published its second report monitoring the use of its updated Statement of Principles on the disapplication of pre-emption rights for UK listed companies.

  22 November 2024

• FRC approves CIPFA Diploma in Local Audit

  The Financial Reporting Council (FRC) has today announced the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Diploma in Local Audit as pre-approved local audit specialist training.

  20 November 2024

• FRC publishes report on quality of major local audits ahead of system reset

  The Financial Reporting Council (FRC) has today published its annual report on the quality of major local audits which also sets out how it will continue to support the local audit system to recover from delays in the publication of audited accounts.

  19 November 2024

• In Conversation: Local audit backlog measures and audit opinions

  In our latest In Conversation podcast episode, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Mark Babington, Executive Director of Regulatory Standards, as well as Mike Newbury, Director of Local Audit Code and Guida

  15 November 2024

• Sanctions against Amanda Nightingale (née Cleaver)

  The Executive Counsel of the Financial Reporting Council (FRC) has entered into a Settlement Agreement with Ms Nightingale, under the terms of the Accountancy Scheme and imposed significant sanctions in respect of her conduct in her role as the Senior Man

  14 November 2024

• Webinar Invitation: Consultation on updates to UK Stewardship Code

  The Financial Reporting Council invites stakeholders to attend an upcoming webinar covering the key proposals in the UK's Stewardship Code consultation.

  13 November 2024

• FRC publishes local audit specialist training criteria

  The Financial Reporting Council (FRC) has today published the criteria to assess local audit specialist training developed by Recognised Qualifying Bodies (RQBs), training providers and audit firms.

  13 November 2024

• FRC Launches Consultation on Updates to UK Stewardship Code

  The Financial Reporting Council (FRC) has today launched its consultation on significant updates to the UK Stewardship Code, focusing on supporting economic growth and investment and delivering increased transparency for millions of UK investors, savers and pensioners. The FRC also wants to streamline reporting requirements and reduce burdens for signatories and ensure a clearer focus on the purpose of Stewardship and the outcomes that it delivers.

  11 November 2024

• Financial Reporting Council Consults on Actuarial Standard Technical Memorandum 1

  The Financial Reporting Council (FRC) today announced the launch of a consultation on Actuarial Standard Technical Memorandum 1 (AS TM1), proposing to maintain the current standard following its annual review.

  7 November 2024

• 2025 Taxonomy Suite published

  The Financial Reporting Council has published the 2025 UK Taxonomy Suite.

  21 October 2024

• One year on: In Conversation with FRC CEO, Richard Moriarty

  Richard Moriarty reflects on his first year leading the FRC in this In Conversation podcast episode, hosted by Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs. Richard and Kate discuss the FRC’s milestones from the past twelve month

  21 October 2024

• In Conversation: Understanding the Escalated Reporting Framework in Local Audit

  In this latest 'In Conversation' podcast episode, Daniel Ellis, Senior Public Affairs Manager is joined by Ellen Millington, Senior Project Manager in the FRC's Local Audit team to discuss the recently launched Escalated Reporting Framework (ERF) and how

  17 October 2024

• FRC publishes emerging findings from sustainability assurance market study

  The Financial Reporting Council (FRC) has today published initial feedback on its market study into assurance of sustainability reporting. Launched in March 2024, this is the first market study carried out by the FRC. Led by the FRCs recently established

  15 October 2024

• Big Four audit firms conclude transition period of operational separation

  The Financial Reporting Council (FRC) has today announced the four largest audit firms (Deloitte, EY, KPMG, PwC), have concluded the transition period of operational separation.

  10 October 2024

• Webinar Invitation: UK Corporate Governance Code 2024 - first reporting cycle preview

  The Financial Reporting Council invites stakeholders to attend an upcoming webinar on Thursday 24 October 2024, 13:30-14:30, on the key changes in the revised UK Corporate Governance Code ahead of its first reporting cycle, beginning 1 January 2025.

  9 October 2024