News

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

1689 pages found.

  • New Non-Executive Directors appointed to FRC Board

    The Financial Reporting Council (FRC) has today announced a strengthening of its Board with the appointment of Charlie Parker, Eva Lindholm and Simon O’Regan, as Non-Executive Directors.

    28 November 2024

  • FRC issues updated suite of factsheets for FRS 102

    The Financial Reporting Council has today issued an updated suite of factsheets on aspects of FRS 102. The updated factsheets follow the Periodic Review 2024 amendments to FRS 102 and other FRSs, and provide additional guidance to support stakeholder repo

    27 November 2024

  • In Conversation series: UK Corporate Governance Code 2024 key aspects

    The FRC has published a series of podcasts relating to key aspects of the revised code to support stakeholders. Find below the episodes focussing on: audit committee minimum standards, diversity, outcomes-based reporting, culture, and comply or explain op

    26 November 2024

  • FRC publishes Annual Review of Corporate Governance Reporting

    The Financial Reporting Council (FRC) has today published its Annual Review of Corporate Governance Reporting 2024, providing important insights as companies prepare to implement the revised UK Corporate Governance Code from January 2025.

    26 November 2024

  • Pre-Emption Group reports UK companies embrace enhanced capital raising flexibility

    Issued on behalf of the Pre-Emption Group (PEG). The Pre-Emption Group has today published its second report monitoring the use of its updated Statement of Principles on the disapplication of pre-emption rights for UK listed companies.

    22 November 2024

  • FRC approves CIPFA Diploma in Local Audit

    The Financial Reporting Council (FRC) has today announced the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Diploma in Local Audit as pre-approved local audit specialist training.

    20 November 2024

  • FRC publishes report on quality of major local audits ahead of system reset

    The Financial Reporting Council (FRC) has today published its annual report on the quality of major local audits which also sets out how it will continue to support the local audit system to recover from delays in the publication of audited accounts.

    19 November 2024

  • In Conversation: Local audit backlog measures and audit opinions

    In our latest In Conversation podcast episode, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Mark Babington, Executive Director of Regulatory Standards, as well as Mike Newbury, Director of Local Audit Code and Guida

    15 November 2024

  • Sanctions against Amanda Nightingale (née Cleaver)

    The Executive Counsel of the Financial Reporting Council (FRC) has entered into a Settlement Agreement with Ms Nightingale, under the terms of the Accountancy Scheme and imposed significant sanctions in respect of her conduct in her role as the Senior Man

    14 November 2024

  • Webinar Invitation: Consultation on updates to UK Stewardship Code

    The Financial Reporting Council invites stakeholders to attend an upcoming webinar covering the key proposals in the UK's Stewardship Code consultation.

    13 November 2024

  • FRC publishes local audit specialist training criteria

    The Financial Reporting Council (FRC) has today published the criteria to assess local audit specialist training developed by Recognised Qualifying Bodies (RQBs), training providers and audit firms.

    13 November 2024

  • FRC Launches Consultation on Updates to UK Stewardship Code

    The Financial Reporting Council (FRC) has today launched its consultation on significant updates to the UK Stewardship Code, focusing on supporting economic growth and investment and delivering increased transparency for millions of UK investors, savers and pensioners. The FRC also wants to streamline reporting requirements and reduce burdens for signatories and ensure a clearer focus on the purpose of Stewardship and the outcomes that it delivers.

    11 November 2024

  • Financial Reporting Council Consults on Actuarial Standard Technical Memorandum 1

    The Financial Reporting Council (FRC) today announced the launch of a consultation on Actuarial Standard Technical Memorandum 1 (AS TM1), proposing to maintain the current standard following its annual review.

    7 November 2024

  • 2025 Taxonomy Suite published

    The Financial Reporting Council has published the 2025 UK Taxonomy Suite.

    21 October 2024

  • One year on: In Conversation with FRC CEO, Richard Moriarty

    Richard Moriarty reflects on his first year leading the FRC in this In Conversation podcast episode, hosted by Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs. Richard and Kate discuss the FRC’s milestones from the past twelve month

    21 October 2024