Blog
Making gifts and providing for others’ needs – OPG guidance
Sameena Munir
4 December 2025
When AI gets it wrong: Responsible use of AI in accountancy firms
A recent Deloitte Australia AI mishap underscores the risks of reliance on Generative AI tools and should be a warning light for accountants in light of new AI usage requirements in the ICAEW Code of Ethics.
5 November 2025
Expanded AML remit for the FCA: a good or bad thing?
There was a good deal of surprise last week when the government announced that lawyers, accountants and company service providers will in future be supervised by the FCA for money laundering purposes.
20 October 2025
FRC Launches Consultation on New Routes to Resolution Under the Audit Enforcement Procedure
The Financial Reporting Council (FRC) has launched a consultation on proposed reforms to its Audit Enforcement Procedure (AEP), aiming to introduce greater flexibility and proportionality in how audit concerns are addressed. Since its inception, the AEP has faced criticism, particularly from mid-tier firms, for its limited adaptability to cases of varying complexity and seriousness. These concerns have been especially pronounced among firms encouraged by the FRC to enter the Public Interest Entity (PIE) audit market to foster competition.
7 October 2025
Press Round-Up: Regulatory and Professional Discipline – August and September 2025
Here is the press round-up in the Regulatory and Professional Discipline sector covering the following dates: August and September 2025
2 October 2025
Updated Insolvency Code of Ethics: what do insolvency practitioners need to know?
The Joint Insolvency Committee, in collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW), the Institute of Chartered Accountants of Scotland (ICAS) and the Insolvency Practitioners Association (IPA), has approved and issued a revised Insolvency Code of Ethics. The updated Code took effect from 1 October 2025.
