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19 April 2018

First time offenders avoid exclusion in ICAEW disciplinary hearing

In a decision published this month, ICAEW member firm Butterworth Barlow Ltd and its Directors, Gavin Butterworth and Barry Barlow, were given severe reprimands and fines following an ICAEW disciplinary hearing earlier this year.

18 April 2018

A new international ethical compass for regulated accountants

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.  

Julie Matheson

11 April 2018

Will Grant Thornton be the catalyst for change in the audit market?

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.

Julie Matheson

11 April 2018

Are doctors being penalised by the General Medical Council’s power of appeal?

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. 

6 April 2018

Press Round-Up: Regulatory and Professional Discipline February 2018 - March 2018

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).

Shannett Thompson

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