About the FRC Procedures and Policies Disclaimer and Copyright

Disclaimer and Copyright

The Financial Reporting Council (FRC) is an independent, unified regulator that:

  • sets, monitors and enforces accounting and auditing standards;

  • oversees the regulatory activities of the professional accountancy bodies, and regulates audit; and

  • promotes high standards of corporate governance.

The terms on which you are entitled to access the FRC Website are set out below. Your access to the site or any part thereof will be deemed to constitute acceptance of these terms. These terms shall be governed by and construed in accordance with English law.

From time to time the FRC may modify these terms. You should therefore review these terms whenever accessing or using this site. The FRC may at any time alter the contents of the pages on the Website.

You must be satisfied that you may lawfully access this site. The FRC accepts no responsibility for unauthorised access or actions of the reader in respect of these matters.


The information contained on this site is for general guidance only. You should neither act, nor refrain from action, on the basis of any such information. You should take appropriate professional advice on your particular circumstances because the application of laws and regulations will vary depending on particular circumstances and because laws and regulations undergo frequent change.

Whilst the FRC endeavours to ensure that the information on this site is correct, the FRC makes no representations or warranties, express or implied, about the information provided through this Website (including any hypertext links), its accuracy or timeliness. The FRC shall not be liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising directly or indirectly in contract, tort or otherwise from the use of or inability to use this site (or any hypertext links), or any information contained in it (or any hypertext links), or from any action or decision taken as a result of using this site or any such information.

Part of this site may contain material submitted to the FRC by third parties. Third parties are responsible for ensuring that material submitted for inclusion on this site complies with international and national law. The FRC will not be responsible for any error, omission or inaccuracy in the material and reserves the right to omit, suspend or change the position of any material submitted.

The FRC does not warrant that the site is compatible with your computer equipment or that the site is free of errors, viruses, worms or Trojan horses. The FRC shall not be liable for any damage you may suffer as a result of such destructive features.


The FRC accepts no responsibility for the content on any site to which a hypertext link from this site exists or for any loss or penalty which may be incurred as a result of any linking to any location through a linked site. The links are provided for information only and on an "as is" basis with no warranty, express or implied, for the information provided within them or the accuracy or source or right to access or use any information found at any other site accessed by means of this Website.


Unless otherwise stated, the copyright and other intellectual property rights in all material on this site, including trade marks, logos, photographs and graphical images, are owned by the FRC. All moral rights and equivalent rights in the contents of this Website are hereby asserted.

You are permitted to print and download extracts from this site on the following basis:

  • use of documents and related graphics on this site is for information and non-commercial or personal use within your organisation only;
  • any copies of these pages printed or saved to disk or to any other storage medium may only be used for subsequent viewing purposes or to print extracts for personal use;
  • no further copies, modifications, use or distribution of the material shall be made without the FRC's prior written permission;
  • no documents or related graphics on this site are modified in any way;
  • no graphics on this site are used separately from accompanying text; and
  • all copies, however stored or reproduced, shall retain all copyright and other proprietary notices and this permission notice and disclaimer.

No part of this site may be reproduced or stored in any other Website or included in any public or private electronic retrieval system or service without the FRC's prior written permission. Copyright requests should be directed to Alison Chambers.

Any rights not expressly granted in these terms are reserved.

Service access

Whilst the FRC endeavours to ensure that this site is normally available 24 hours a day, the FRC will not be liable if for any reason the site is unavailable at any time or for any period.

Access to this site may be suspended temporarily and without notice in circumstances of system failure, maintenance or repair or for reasons beyond the control of the FRC.


You agree to indemnify, defend and hold harmless each of the FRC, its employees, representatives and agents, against any claim, suit, action, or other proceeding brought against the FRC, its employees, representatives or agents, by a third party, to the extent that such a claim, suit, action or other proceeding brought against the FRC, its employees, representatives or agents is based on or arises in connection with (i) your use of, including any downloading from or uploading to, the site; (ii) any breach by you of these terms; (iii) a claim that any use of the site by you (aa) infringes any intellectual property rights of any third party, or any right of personality or publicity, or (bb) is libellous or defamatory, or otherwise results in injury or damage to any third party; (iv) any deletions, additions, insertions, or alterations to, or any unauthorised use of, the site by you; or (v) any misrepresentation or breach of representation or warranty made by you contained herein. References in this section of these terms to your use of this site shall be deemed to include any use by a third party where such a third party accesses the site using your computer. You agree to pay the FRC, its employees, representatives and agents any and all costs, damages and expenses, including, but not limited to, reasonable professional fees (on a solicitor-client basis) awarded against any of them or otherwise incurred by any of them in connection with or arising from any such third-party claim, suit, action or proceeding attributable to any such third-party claim.