Coming so late in the life of the current parliamentary term, the City may be forgiven for already turning attention from yesterday’s budget statement to post-election budgetary announcements for substantive financial and fiscal policy developments. However, hidden in the text …
Read MoreThe UK’s Finanancial Reporting Council has issued a series of proposal to reform the UK’s corporate governance regime. What was previously called “The Combined Code” now becomes “The UK Corporate Governance Code” and, subject to consultation, will apply to all …
Read MoreThe increasing foreign ownership of UK companies is forcing the UK’s reporting watchdog the FRC rethink the role of audit and market oversight.
Stephen Haddrill, chief executive of the Financial Reporting Council, speaking to senior finance figures this week said …
Read MoreThe Financial Reporting Council has welcomed the recommendations of The Walker Report and confirmed its committment taking ownership of the proposed Stewardship Code, subject to consultation.
The FRC is set to issue a report on its own review of the …
Read MoreThere’s no small irony that Lloyds Banking Group will be asking 2.8 million private shareholders to back its £13.5 billion fundraising, the biggest deal of its kind in UK history, on the same day that Sir David Walker makes his …
Read MoreAs the consultation on the UK’s Stewardship Code draws to a close, the UK’s reporting regulator, the FRC, has moved to strengthen its secretariat with the appointment of ABI governance veteran, Peter Montagnon.
Montagnon will join his former ABI boss …
Read MoreManifest has welcomed the Financial Reporting Council’s role as the new guardian of an institutional investor Stewardship Code but has proposed that the Code itself should be the subject of its own consultation rather than a simple grandfathering of the …
Read MoreThe Financial Reporting Council (FRC), the UK’s corporate governance regulator, wants to hear from institutional investors in the UK and overseas about its proposals for a new “Stewardship Code” aimed at creating best practice principles for investors when engaging with …
Read MoreThe FRC has published its Fourth Progress Report on the implementation of the MPG recommendations on promoting choice in the UK audit market. In October 2007, the MPG published 15 recommendations intended to allow the audit market to work
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The iSoft conspiracy case has moved on another step with the announcement by the Financial Reporting Council that its Accountancy and Actuarial Discipline Board has called a disciplinary hearing to investigate a formal complaint against a member of the Institute …
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