Consultation on the Future Role of the UK Financial Reporting Council

Tuesday, October 18, 2011 Print Email

A consultation proposing the refocusing and streamlining of the United Kingdom Financial Reporting Council (FRC) was launched today by the UK Department for Business, Innovation and Skills (BIS) and the FRC.

The aim of the reforms is to create an FRC that is clearer about its role and purpose, narrowing its focus to areas of greatest concern to the operation of the capital markets and reinforcing its independence. The consultation also proposes replacing the FRC's existing seven operating bodies with two Board Committees – one focusing on Codes and Standards, the other on Conduct.

Please click for the FRC press release and access to theconsultation (all links to FRC website). Responses to the consultation are invited by 10 January 2012.

Source: Deloitte

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: