Regulatory

The Financial Conduct Authority (FCA) has updated and published draft directions under its Temporary Transitional Power (TTP). The TTP gives the FCA flexibility in applying post-Brexit requirements, allowing firms to transition to a new UK regulatory framework.

Transparency reporting by accountancy firms performing audits is currently ineffective, with a lack of awareness amongst investors and audit committee chairs that the reports even exist and many being used as a marketing exercise, the Financial Reporting Council (FRC) has said.

The Financial Conduct Authority (FCA) has announced that Sheree Howard has been appointed as executive director of Risk and Compliance Oversight (R&CO). Sheree is currently interim director of R&CO having joined the FCA as a senior adviser in December 2017. Before joining the FCA, Sheree spe

The Institute and Faculty of Actuaries (IFoA) has launched a new monitoring scheme to improve the effectiveness of actuarial regulation and promote ongoing improvement across the profession. The scheme arrives after a consultation held by IFoA, which was welcomed by the Financial Reporting

The dramatic surge in claims for mis-sold PPI before last week’s deadline has led RBS to allocate between £600-£900 million to cover the costs.

Anne Whitaker has been appointed to the Financial Reporting Council's (FRC) Conduct Committee and chair of the Audit Quality Review Committee (AQRC). Ms Whitaker was first appointed to the AQRC in 2016 and she replaces David Cannon, who has served as chair of the AQRC and a member of the Conduct Co

The number of people claiming Payment Protection Insurance (PPI) compensation has increased this week ahead of next week's deadline.

New principles to improve the corporate governance of large private companies have been developed by a coalition established by the Financial Reporting Council (FRC) under the leadership of building firm Wates Group. Launched today, the new code was drawn up by chairman James Wates CBE to provide a

Christopher Woolard Competition is working well for most consumers using investment platforms, according to the interim findings of the Financial Conduct Authority's (FCA) market study into investment platforms, published today.

Stephen Haddrill The Financial Reporting Council (FRC) has launched a new website with a fresh design and more functionality for stakeholders.

The Financial Reporting Council (FRC) has announced plans for a fundamental review of the UK Corporate Governance Code. The review will take account of work done by the FRC on corporate culture and succession planning, and the issues raised in the Government’s Green Paper on Corporate Governance R

The number of outstanding mortgages extended under interest-only terms has fallen by almost one third over the past four years, research from the Council of Mortgage Lenders (CML) has revealed. The number of outstanding interest-only loans dropped from around 3.2m in 2012, to 2.2m last year – a de