In the light of consultation, the Financial Reporting Council has revised the code to cut ‘unnecessary reporting’ and improve engagement.

FRC support for Labour’s growth plan; executive pay steers away from ESG; EU’s non-financial reporting debate continues.

He says the ICAEW’s call to exclude ‘ESG audits’ from the cap will not serve the cause of ‘independent and effective audits’.

CEO activism and DEI policies; FRC backs ‘proportionality’ in corporate governance; concern over changes to US AGMs.

Sir Keir Starmer seeks governance ideas for growth; a step nearer 2030 for the climate agenda; BlackRock on board diversity.

There has been an increase—albeit small—in challenger audit firms’ share of the takings, according to FRC figures.

The revised Financial Reporting Council UK Stewardship Code is aimed at reducing the reporting burden and growing the UK economy.

There is ‘broad spread stakeholder support’ for the core elements of reform, says the head of the Financial Reporting Council.

Private equity audit investments under scrutiny; US zombies and shareholder rights; City hungry for further reforms.

Private equity funding of audit firms is an emerging issue to watch, according to the Financial Reporting Council.