About the FRC Procedures and Policies Enforcement Procedures Supporting documents, policies and guidance

Supporting documents, policies and guidance

On 17 June 2016, the FRC became the 'competent authority' for audit in the UK under new legislation which came into force following the EU Audit Regulation and Directive.

Audit Enforcement Procedure (AEP) - Supporting documents

Publications Policy (Updated Jan 2021) (PDF)
AEP Guidance on the opening of AEP investigations (Updated March 2021)​ (PDF)
Guidance for Case Examiner (Updated Jan 2021) (PDF)
Hearings Guidance (PDF)
Sanctions Policy (Audit Enforcement Procedure) (effective from 1 June 2018) (PDF)
Tribunal and Appeal panel terms of appointment (Updated Jan 2021) (PDF)

Accountancy Scheme Policies and Guidance - Supporting documents

Accountancy Scheme Sanctions Guidance (March 2021) (PDF)
Accountancy Scheme Guidance on the delivery of Formal Complaints (March 2021) (PDF)
Guidance on commencement of investigation of cases by the FRC (Accountancy Scheme) (Updated Jan 2021) (PDF)
Accountancy Regulations (March 2021) (PDF)

Actuarial Scheme Policies and Guidance - Supporting documents

Actuarial Scheme Sanctions Guidance (March 2021) (PDF)
Actuarial Scheme Guidance on the delivery of Formal Complaints (March 2021) (PDF)
Guidance for referral/call in of actuarial cases (Updated Jan 2021) (PDF)
Actuarial Regulations (March 2021) (PDF)

Policies and Guidance applicable to the AEP and both Schemes

Retention and Delegation of Investigation Decisions (March 2021) (PDF)
FRC Tribunal Panel Members Fees and Expenses Policy (Revised March 2017) (PDF)  
Guidance Notes: Convening Tribunals and Appeal Tribunals, timetabling, and the fixture of hearings under the Accountancy Scheme and Actuarial Scheme (May 2018) (PDF]
Tribunal Panel Expenses Claim Form (Word)  
Tribunal Panel Member Statement of Independence Guidance Notes (Updated Jan 2021) (PDF)

Policies and guidance applicable to the Accountancy Scheme and Actuarial Scheme

Accountancy and Actuarial Scheme Publications Policy (March 2021) (PDF)
Guidance on the disclosure of unused material (July 2013) (PDF)

Guidance: Reaching determinations in respect of Proposed Settlement Agreements under the Accountancy Scheme and Actuarial Scheme (March 2017) (PDF)


Previous versions of schemes and regulations and supporting documents, policies and guidance 

The full list is available here