Chairman of the Financial Reporting Council reveals how Brexit is moulding the narrative for governance in the UK.
Brexit is driving the work of the UK's corporate governance watchdog to maintain the country's reputation for quality across accounting, audit and governance, according to the chairman of the Financial Reporting Council.
Sir Win Bischoff was speaking at a conference on Brexit and financial services in London when he made his remarks in which he acknowledged the role of the referendum result and the prime minister's societal aims in the future of governance.
But Sir Win focused the FRC's work on the regulatory reputation of the UK.
"As the UK moves towards Brexit we are discussing with our stakeholders – those we regulate and those
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