Sarbanes–Oxley, Sarbox

16 December, 2019

FRC is ‘working on a UK version of Sarbanes–Oxley’

In 2002, in the wake of the Enron and WorldCom scandals, US lawmakers introduced stringent rules handing chief executives and finance directors legal responsibility for internal controls and better re...
boardroom, board executives

25 October, 2019

New UK stewardship code puts focus on investor engagement

Investor engagement with boards and companies is set to come under much closer scrutiny following the release of a new stewardship code by the UK’s watchdog for corporate reporting and governance. ...
UK parliament, governance reform

16 October, 2019

Sir John Kingman warns government over unfinished FRC reforms

The author of a report recommending extensive reform of the UK’s financial reporting and audit watchdog is unhappy with its progress. Indeed, Sir John Kingman, the chair of Legal & General,
Greg Clark

18 December, 2018

UK to replace governance watchdog with new regulator

The UK is to scrap the country's governance, financial reporting and audit watchdog—the Financial Reporting Council (FRC)— and replace it with a brand new regulator. The
FRC, audit

17 April, 2018

‘Root and branch’ review of FRC launched by government

A “root and branch review” of the UK’s accounting and finance regulator is to be led by former Treasury head Sir John Kingman. The Financial Reporting Council (FRC) will have its governance, ...