FRC new website

22 March, 2018

Financial Reporting Council to face ‘competency inquiry’ by government

Accounting’s regulator faces the prospect of an inquiry into its competency by the government. Business secretary Greg Clark MP told a parliamentary committee investigating the collapse of Carill...
Philip Green, Carillion

1 March, 2018

Carillion chairman ‘lacked even a tenuous grasp’ on its position

Former Carillion chairman Philip Green “appeared to lack even a tenuous grasp” on the company’s parlous condition, according to ministerial committees investigating its demise. The latest com...

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

14 February, 2017

MPs say extend governance code to private companies

Large private businesses in Britain should be subject to the UK's corporate governance code for publicly listed companies, according to a House of Commons committee of MPs responding to the collapse ...