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Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
Last week The International Ethics Standards Board for Accountants® (IESBA®) released a new Code of Ethics for professional accountants. The IESBA is the global independent standard-setting body that sets ethical standards, including auditor independence requirements for professional accountants. IESBA is one of the standard setting boards of the International Federation of Accountants (IFAC). IFAC is a global body for the accountancy profession which aims to strengthen the profession and contribute to the development of strong international economies.
Grant Thornton last week announced that it has decided to opt out of bidding for audit work for FTSE 350 companies, in a move that could ultimately cause a seismic shift in the audit market.
The Medical Practitioners Tribunal Service (MPTS) hears cases against doctors alleged to have seriously breached GMC standards. As stated on its website, the MPTS ‘provides a hearings service that is fully independent in its decision making and separate from the investigatory role of the GMC’. As part of the hearings process, when a doctor’s fitness to practise is found to be impaired, the GMC makes submissions on sanction which details the sanction the regulator considers to be appropriate in protecting the public and/or preserving public confidence in the profession (public interest). The GMC’s submissions aside, it is the MPTS that has the power to determine which sanction to impose against the doctor’s registration.
Recent news relating to General Medical Council (GMC), Health and Care Professions Council (HCPC), Nursing and Midwifery Council (NMC), Solicitors Regulation Authority (SRA), Bar Standards Board (BSB) and the Financial Reporting Council (FRC).
Dr Bawa-Garba was convicted of gross negligence manslaughter in November 2015, following the sad death of a young boy from sepsis. Whilst issues arose from Dr Bawa-Garba’s practice on the day in question, some systemic failures were present. These included Dr Bawa-Garba having recently returned from 14 months’ maternity leave and being left in charge of an acute ward, her working an extensive shift without respite and the lack of permanent nursing staff.
Jemma Brimblecombe
Charles Richardson
Oliver Oldman
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