News

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

1860 pages found.

• Sanctions against PricewaterhouseCoopers LLP and Mr John Waters

  Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against PricewaterhouseCoopers LLP (PwC) and John Waters, audit engagement partner,

  16 July 2026

• FRC publishes revised Third Country Auditor directions

  The Financial Reporting Council (FRC) has issued revised Third Country Auditor (TCA) directions to temporarily enable audits of Chinese-registered entities, listing Global Depositary Receipts (GDRs) on the Shanghai/Shenzhen Stock Connect (Stock Connect) s

  15 July 2026

• FRC Annual Report highlights year of innovation and evolving regulatory approach

  The Financial Reporting Council (FRC) has today published its Annual Report and Accounts for 2025/26, covering the period 1 April 2025 to 31 March 2026. The report reflects a year of substantial change, with the FRC continuing to enhance the regulatory en

  13 July 2026

• Dame Jayne-Anne Gadhia DBE CVO named as Business Secretary’s candidate for FRC Chair

  The Secretary of State for Business and Trade, Rt Hon Peter Kyle MP, has today named Dame Jayne-Anne Gadhia DBE CVO as the government’s preferred candidate for Chair of the Financial Reporting Council, succeeding Sir Jan du Plessis.

  13 July 2026

• FRC updates technical actuarial standard for collective defined contribution pensions

  The Financial Reporting Council (FRC) has today issued revised Technical Actuarial Standard (TAS) 310, and accompanying Technical Actuarial Guidance, to support decision makers to consider how fairness can be achieved across different groups of members in

  10 July 2026

• Latest UK Stewardship Code signatories confirmed during transition to the 2026 Code

  The Financial Reporting Council (FRC) has today published the latest list of signatories to the UK Stewardship Code.

  9 July 2026

• Corporate reporting remains human-led amid growing adoption of artificial intelligence

  New Financial Reporting Council (FRC) research suggests the use of artificial intelligence in corporate reporting is increasing, but adoption remains cautious and uneven across the market.

  8 July 2026

• Sanctions against Forvis Mazars LLP and Mr David Allen

  The Executive Counsel to the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure, and has imposed sanctions against Forvis Mazars LLP (Forvis Mazars) and David Allen (Mr Allen)

  2 July 2026

• FRC's revised Audit Enforcement Procedure comes into effect

  The Financial Reporting Council's (FRC) revised Audit Enforcement Procedure (AEP) has taken effect from today (1 July 2026).

  1 July 2026

• FRC issues guidance on auditor independence requirements for PISCES-traded companies

  The Financial Reporting Council (FRC) has issued a new staff guidance note following the launch of the Private Intermittent Securities and Capital Exchange System (PISCES) in 2025.

  25 June 2026

• FRC refreshes auditing standards to reduce reporting burden and improve transparency

  The Financial Reporting Council (FRC) has revised three auditing standards to make auditor's reports shorter, clearer and more useful to investors, alongside new guidance clarifying auditor responsibilities under the revised UK Corporate Governance Code.

  24 June 2026

• Sanctions against King & King and Mr Milankumar Patel

  The Executive Counsel of the Financial Reporting Council (“FRC”) has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions on King & King and Milankumar Patel (“Mr Patel”)

  23 June 2026

• FRC modernises enforcement to deliver faster outcomes and earlier learnings for the UK audit market

  The Financial Reporting Council (FRC) has published reforms to its Audit Enforcement Procedure (AEP), modernising its regulatory toolkit.

  17 June 2026

• Join the FRC's UK GAAP Technical Advisory Group (TAG)

  The Financial Reporting Council (FRC) is seeking new members to join its UK GAAP Technical Advisory Group (TAG) and help shape the future of UK and Ireland Accounting Standards.

  12 June 2026

• FRC acts to support pension scheme actuaries ahead of new surplus flexibility rules

  Ahead of new legislation expected to come into force in April 2027, the Financial Reporting Council (FRC) will develop technical actuarial guidance to help scheme actuaries certify that surplus payments to employers meet the legislative requirements.

  11 June 2026