FRC comments on launch of the IIRC's Corporate Reporting Dialogue
News types: Codes and Standards Announcements
Published: 17 June 2014
Commenting on the launch today of the International Integrated Reporting Council's Corporate Reporting Dialogue, Executive Director, Codes and Standards, Melanie Mclaren said:
Notes to editors"The FRC as the integrated standard setter for Europe’s largest capital market welcomes efforts to develop an integrated approach to governance and reporting on an international stage and stands ready to participate in the dialogue.”
The FRC is responsible for promoting high quality corporate governance and reporting to foster investment. We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work. We represent UK interests in international standard-setting. We also monitor and take action to promote the quality of corporate reporting and auditing. We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.