News

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

1812 pages found.

• Sanctions against Nicholas Bowerman for failure to co-operate with an investigation by the Financial Reporting Council

  The Financial Reporting Council (FRC) today announces adverse findings and sanctions against Nicholas Bowerman, following a hearing by an independent Disciplinary Tribunal.

  16 January 2026

• FRC CEO sets out focus for 2026

  Richard Moriarty, Chief Executive of the Financial Reporting Council (FRC), has set out the regulator's priorities for the year ahead.

  14 January 2026

• FRC sets schedule for 2026 consultation windows

  The Financial Reporting Council (FRC) has set its consultation windows for 2026, providing stakeholders with a consistent timeline for providing feedback on regulatory developments.

  8 January 2026

• FRC Launches Consultation on Draft Plan and Budget for 2026-27

  The Financial Reporting Council (FRC) has today launched a consultation on its draft plan and budget for 2026-27 which sets out its priorities and resources for the year ahead.

  15 December 2025

• Investigation regarding an audit of Shell plc by Ernst & Young LLP

  The Financial Reporting Council (FRC) has commenced an investigation in relation to the statutory audit conducted by Ernst & Young LLP (EY) of the consolidated financial statements of Shell plc (Shell) for the financial year ended 31 December 2024.

  15 December 2025

• In Conversation: Consulting to update the Audit Enforcement Procedure

  In this episode of the Financial Reporting Council's 'In Conversation' podcast series, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Anthony Barrett, Executive Director of Supervision, and Jamie Symington, Deputy Exe

  10 December 2025

• Investigation regarding the conduct of two Members and Ernst & Young LLP in relation to the issuance of unauthorised auditor’s reports

  The Financial Reporting Council (“FRC”) has commenced an investigation under the Accountancy Scheme into the conduct of two Members and Ernst & Young LLP in relation to the unauthorised issuance of auditor’s reports to audited entities.

  10 December 2025

• More FTSE 350 companies adopting flexible capital raising guidance with investor support remaining strong

  More UK listed companies are taking advantage of updated guidance that makes it easier to raise capital quickly, highlights the latest annual monitoring report from the Pre-Emption Group (PEG), to which the Financial Reporting Council (FRC) is secretariat

  9 December 2025

• FRC report highlights non-Big Four firms continuing to build presence in PIE audit market

  The Financial Reporting Council (FRC) has published its annual Audit Market and Competition Update, showing that initiatives to promote a more resilient and competitive audit market have supported firms outside of the Big Four to build their share of Publ

  4 December 2025

• FRC insights on companies’ Wates Principles reporting demonstrate framework’s flexibility and ongoing commitment to effective governance

  The Financial Reporting Council (FRC) has today published its first reporting insights of the Wates Corporate Governance Principles for Large Private Companies since assuming oversight earlier this year. It highlights reporting trends alongside helpful ex

  3 December 2025

• FRC makes minor amendments to Auditor Regulatory Sanctions Procedure (ARSP) and the Crown Dependencies’ Recognised Auditor Sanctions Procedure (CD RASP)

  The Financial Reporting Council (FRC) is to make minor amendments, pursuant to paragraph 24.1 of the ARSP and CD RASP, to transfer the authorisation of remuneration from its Conduct Committee to the People Committee, with effect from 1 March 2026.

  27 November 2025

• FRC publishes 2026 UK Taxonomy Suite

  The Financial Reporting Council has published the 2026 UK Taxonomy Suite which incorporates changes to the FRC Taxonomy Suite, Charities Taxonomy, and Irish Taxonomy. In addition, the Suite contains taxonomy documentation, supporting documents, presentation sheets highlighting the changes compared to the previous version of the Taxonomies and release notes.

  19 November 2025

• FRC publishes practical insights to help smaller listed companies improve corporate reporting quality

  The Financial Reporting Council (FRC) has published practical insights to help smaller listed companies improve the quality of their corporate reporting and make the most of their resources.

  19 November 2025

• FRC CEO Richard Moriarty: An update on some of our key projects to create the conditions that support transparency and trust in the UK economy

  Since the beginning of 2025 we have been actively examining how we can ensure our regulatory approach is genuinely proportionate while maintaining the high standards of audit and corporate reporting that give investors and all stakeholders confidence in the UK as a place to grow and invest. Good regulation is smart, targeted, proportionate, and an essential enabler of growth and investment. As we head towards the end of the year, I wanted to share a few examples of the progress of some of that work.

  14 November 2025

• FRC Annual Review highlights the value of meaningful explanations in corporate governance reporting and the code’s flexibility

  The Financial Reporting Council (FRC) has today published its Annual Review of Corporate Governance Reporting, analysing reporting trends and practices among 100 UK-listed companies against the 2018 UK Corporate Governance Code for the last time. Going fo

  13 November 2025