FRC

Consultations

19 May 2019 / Consultations

Response to BEIS on the FRC Kingman proposals

In a detailed joint ShareSoc-UKSA 12-page Response to BEIS on the FRC Kingman proposals, we said we support the general thrust of the Kingman proposals. Kingman is proposing a…

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ShareSoc News

16 Apr 2019 / ShareSoc News

ShareSoc and UKSA make joint response to FCA/FRC Consultation on Effective Stewardship

In January 2019, the FCA and FRC  issued a joint discussion  paper DP19/1 Building a regulatory framework for effective stewardship. On 15 April 2019, we made a joint response…

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Accounting and Audit

12 Apr 2019 / Accounting and Audit

Grant Thornton, Interserve and Arc Fund Management

The Financial Reporting Council (FRC) have announced an investigation into the audits by Grant Thornton of the accounts of Interserve (IRV) in the years 2015-2017. Interserve was a…

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ShareSoc News

2 Apr 2019 / ShareSoc News

FRC Reporting Lab survey of investors views of the topics they should review

Dear Member,  The FRC is doing a survey of investors views of the topics that the Reporting Lab should look at over the next few years. The link…

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ShareSoc News

28 Mar 2019 / ShareSoc News

FCA Consultation on proposals to improve shareholder engagement

In January the FCA issued a consultation paper CP19/7 Financial Conduct Authority Consultation on proposals to improve shareholder engagement. This was a technical consultation on how to implement…

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ShareSoc News

28 Mar 2019 / ShareSoc News

Proposed Revision to the UK Stewardship Code 2019

ShareSoc has made a joint response with UKSA  on behalf of individual investors to the consultation from the FRC on the revised Stewardship Code. We believe that the…

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Accounting and Audit

12 Mar 2019 / Accounting and Audit

FRC Revolution to Fix Audit and Accounting Problems

A major announcement that will impact investors was made yesterday by the Government. You may not have noticed it in the midst of political turmoil, but it’s worth…

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Accounting and Audit

5 Mar 2019 / Accounting and Audit

The Unstoppable Glacier of Government’s Concerted Actions?

By Cliff Weight, Director, ShareSoc We sometimes see things changing at a glacier-like pace. But once a glacier starts moving it has huge momentum and is unstoppable. My…

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ShareSoc News

14 Feb 2019 / ShareSoc News

Response to FRC Post Implementation Review of 2016 Ethical and Auditing Standards

UKSA and ShareSoc made a a joint response to the FRC Post Implementation Review of 2016 Ethical and Auditing Standards The main points we made were: We welcome…

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Accounting and Audit

6 Feb 2019 / Accounting and Audit

Stephen Haddrill, CEO, FRC sees the light and gets tougher.

Stephen Haddrill, head of the Financial Reporting Council, appeared before MPs in one of a series of hearings held by the Commons Business, Energy and Industrial Strategy Committee…

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Accounting and Audit

2 Feb 2019 / Accounting and Audit

FRC Review of Auditing Standards – They’re Looking At The Wrong Things

The Financial Report Council (FRC) have recently published a “Post Implementation Review: 2016 Ethical and Auditing Standards”. It concentrates on the changes made in 2016 to improve the…

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Corporate Governance

22 Dec 2018 / Corporate Governance

Remuneration Update

by Cliff Weight, Director, ShareSoc. On 22 November 2018, the Investment Association (“IA”), wrote to the chairmen of the remuneration committees of FTSE 350 companies attaching its updated…

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