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Regulatory Blog

12 February 2020

Less box ticking, more explaining – the FRC publishes its Annual Review Report

The FRC has published its Annual Review Report and with it comes the clear message that a ‘tick box’ approach is not the key to compliance with the Corporate Governance Codes.

10 February 2020

For accountants, when does a gift become an inducement?

We all enjoy receiving gifts, and accountants are no exception to that. Whilst receiving gifts from clients or business colleagues is a normal course of business, care must be taken to ensure acceptance of a gift does not impair your judgement. 

6 February 2020

Regulators had better get ready for partisan politicisation

With the next Labour leader likely to be a lawyer, it’s inevitable that watchdogs will be co-opted into political struggles.

Iain Miller

31 January 2020

The latest call to resurrect plans to regulate talking therapies

In Jordan Dunbar’s recent vlog for the BBC, he highlights that there is no legislation to stop anyone from practising as a therapist, psychotherapist or counsellor in the UK. 

18 December 2019

Is the FRC considering whether Sarbanes-Oxley should cross the waters?

The general election is now over, and Parliament has more time to deal with matters other than Brexit. The spotlight has therefore returned to corporate governance, with The Sunday Times reporting that the FRC is developing a “British version of Sarbanes-Oxley”. It reported that this would “heap more responsibility on to directors, asking them to vouch regularly for the integrity of their financial controls and – if passed into law in the UK – opening the possibility of criminal proceedings against chief executives and finance directors for reporting misleading statements to the market.”

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