Audit stamp, audit quality

15 June, 2017

Audit quality improves among FTSE350, says watchdog

The quality of audits of FTSE350 companies in the UK is improving, according to the latest reviews undertaken by audit watchdog the Financial Reporting Council (FRC). An examination of audits under...
Rolls-Royce

4 May, 2017

Regulator to investigate KPMG’s audit of Rolls-Royce

The Financial Reporting Council (FRC) has said it will investigate Big Four accounting firm KPMG over its audit of Rolls-Royce. The inquiry follows

25 April, 2017

Grant Thornton fined £2.3m over audit of firefighting company

Audit firm Grant Thornton has been fined £2.3m over the audit of AIM-listed firefighting company AssetCo. Robert Napper, the Grant Thornton (GT) partner in charge of the audit and now retired, wa...
executive pay reform

7 April, 2017

Transparency should be at the heart of executive pay reform

Will greater transparency in high executive pay curb boardroom excess? The high pay packages of top executives have been stirring up widespread concern across continental Europe and the UK, triggering...
EU, European Union

30 March, 2017

Legal & Regulatory Roundup – Europe

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FRC

14 March, 2017

Legal & General man joins board of FRC

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climate change

1 March, 2017

Watchdog worried climate disclosures will lead to ‘checklist mentality’

The UK's governance watchdog is concerned that guidance on climate change disclosure from a body set up by the G20 will encourage a "checklist mentality" and that their scale could "impair" their usef...

17 February, 2017

That was the governance week

It's been a big week in governance. The Financial Reporting Council, the UK's governance watchdog, proved that its staff must be in overdrive when it revealed that it would undertake a
City of London skyline

17 February, 2017

Remco chairmen should resign over shareholder revolts

City investor Fidelity has called for the chairmen of remuneration committees to resign if shareholders revolt against pay recommendations.