News

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

1728 pages found.

• FRC announces successful signatories to UK Stewardship Code

  The Financial Reporting Council (FRC) has today announced the successful signatories to the UK Stewardship Code following the latest round of applications. There are now 273 signatories to the Code, representing £43.3 trillion assets under management. This includes 188 asset managers, 66 asset owners and 19 service providers. 81 organisations successfully renewed their signatory status and one organisation was added*.

  21 February 2024

• FRC welcomes the appointment of Owen Mapley as the CEO of CIPFA

  16 February 2024

• FRC consultation on proposed changes to Technical Actuarial Standard 200

  The Financial Reporting Council (FRC) has today published a consultation on proposed revisions to Technical Actuarial Standard 200 (TAS 200) to streamline the standard and ensure it reflects recent regulatory developments in the insurance industry.

  16 February 2024

• FRC publishes revised version of Actuarial Standard Technical Memorandum 1

  The Financial Reporting Council (FRC) has today published a revised version of Actuarial Standard Technical Memorandum 1 (AS TM1).

  9 February 2024

• FRC supports consultation on proposals to tackle local audit backlog

  The Financial Reporting Council (FRC) is supporting the Department for Levelling Up, Housing and Communities (DLUHC) to engage stakeholders on a consultation launched today, aimed at tackling the backlog in local audit and reporting.

  8 February 2024

• FRC takes systemic look at barriers to competition in UK audit market

  The Financial Reporting Council (FRC) has today published a summary of key findings and potential actions from research it commissioned into barriers to entry and growth faced by audit firms in the UK.

  1 February 2024

• Review of reporting by the UK’s largest private companies

  The Financial Reporting Council (FRC) has today published its review of reporting by the UK’s largest private companies.

  31 January 2024

• FRC publishes guidance for UK Corporate Governance Code 2024

  The Financial Reporting Council (FRC) has today published targeted and digitally accessible guidance to support companies applying the UK Corporate Governance Code 2024, launched earlier this month.

  29 January 2024

• FRC Revises UK Corporate Governance Code

  The Financial Reporting Council (FRC) has today announced important revisions to the UK Corporate Governance Code (the Code) that enhance transparency and accountability of UK plc and help support the growth and competitiveness of the UK and its attractiveness as a place to invest.

  22 January 2024

• FRC updates the Ethical Standard for Auditors

  The FRC has today published an update to its Ethical Standard for auditors, effective from 15 December 2024.

  15 January 2024

• Investigation regarding the conduct of a Member in relation to Thurrock Council’s operations and investment activities

  This Press Notice concerns the opening of an investigation into the relevant Member. The investigation does not relate to any persons other than the relevant Member and it would not be fair to treat any part of this announcement as constituting or evidenc

  3 January 2024

• Closure of investigation regarding the audit of Intu Properties plc by PricewaterhouseCoopers LLP

  This Press Notice concerns the closure of an investigation into the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s) (both terms as defined in the FRC’s Audit Enforcement Procedure). The investigation did not relate to any persons other than the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s).

  19 December 2023

• FRC Launches Consultation on Draft Plan and Budget for 2024-25

  The Financial Reporting Council (FRC) has today launched a consultation on its plan and budget for 2024-25 which sets out its priorities and resources for next year.

  15 December 2023

• FRC publishes annual review of competition in the audit market

  The Financial Reporting Council (FRC) has today published an updated overview of competition in the UK's audit market for public interest entities (PIE).

  14 December 2023

• FRC publishes inspection findings for the Tier 2 and 3 audit firms

  The Financial Reporting Council (FRC) has today published its annual inspection findings for Tier 2 and Tier 3 audit firms, alongside the actions these firms must prioritise to deliver high quality audit and contribute to a more resilient audit market.

  13 December 2023