In February, the Financial Reporting Council (FRC) announced what it has called a “major review” of how companies and auditors assess and report on the impact of climate change, with the findings due to be published in the Autumn, ahead …
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The UK Government has now implemented social distancing measures across the UK as the coronavirus outbreak continues to gather pace.
Mass gatherings are being postponed or cancelled in response, but UK companies with scheduled annual general meetings (AGM) are having …
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UK reporting watchdog issues diversity warning
The majority of the UK’s leading companies are failing to act on boardroom ethnic diversity, a major report by the Financial Reporting Council (FRC) reveals.
The report, which reveals most of the FTSE 350 …
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Reporting on workforce-related issues needs to improve to meet investor needs and reflect modern-day practices, according to a new report from the Financial Reporting Council’s Financial Reporting Lab.
Workforce-related matters such as working conditions, changing contractual arrangements and automation …
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Can the FRC rescue its reputation?
It has become one of the most disparaged – and lampooned – regulatory institutions of this century.
The Financial Reporting Council’s (FRC) oversight of the audit profession has been dubbed everything from ramshackle to …
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Companies face new reporting and governance targets
Companies have been urged to improve their corporate reporting and governance practices in a new report from the Financial Reporting Council.
The FRC published its Annual Review of the UK Corporate Governance …
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Stewardship moves beyond box ticking
The Financial Reporting Council (FRC) has published a new UK Stewardship Code which is due to come into effect on 1 January 2020.
The revised Code has set a higher standard for how money is …
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FRC promises corporate governance and reporting crackdown
The Financial Reporting Council (FRC) is to expand its monitoring of corporate governance and reporting standards as it considers the effectiveness of its new governance code.
In its annual report for the year …
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FRC fines treble to £43m as regulator sends “clear message”
The Financial Reporting Council (FRC) dealt out a record £43m in fines during the past year for misconduct and breaches, as the regulator accelerated cases to conclusion.
The …
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