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Financial Reporting Council

BlackRock Throws Support Behind Controversial Financial Watchdog
BlackRock Throws Support Behind Controversial Financial Watchdog
October 09, 2018  |  B2B Payments

Amid calls to restructure or shutter the U.K.’s Financial Reporting Council, the world’s largest asset manager, BlackRock, is throwing its weight behind the watchdog. Reports...

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KPMG Fined Again As Financial Watchdog’s Future Remains Unclear
KPMG Fined Again As Financial Watchdog’s Future Remains Unclear
August 21, 2018  |  B2B Payments

U.K. auditing giant KPMG was hit with yet another fine from the nation’s Financial Reporting Council (FRC). Reports in Bloomberg said KPMG was hit with...

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UK Government Urged To Break Up Financial Reporting Council
UK Government Urged To Break Up Financial Reporting Council
August 08, 2018  |  B2B Payments

The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into...

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UK Accounting Watchdog Ramps Up Fines
UK Accounting Watchdog Ramps Up Fines
June 20, 2018  |  B2B Payments

The U.K.’s accounting watchdog, the Financial Reporting Council (FRC), has now levied more fines in two days than it has in the entirety of 2017, according...

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Business Leaders Chosen To Scrutinize UK Accounting Watchdog
Business Leaders Chosen To Scrutinize UK Accounting Watchdog
May 21, 2018  |  B2B Payments

A group of 11 business executives in the U.K. have been chosen to lead the inquiry into the nation’s accounting watchdog and assess whether the...

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Accounting Scandals Lead UK To Review Watchdog Powers
Accounting Scandals Lead UK To Review Watchdog Powers
April 18, 2018  |  B2B Payments

A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the...

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Financial Reporting Council Triples Its Staff Amid Criticism
Financial Reporting Council Triples Its Staff Amid Criticism
December 05, 2017  |  B2B Payments

The U.K. is ramping up oversight of corporate reporting as it expands the size of its Financial Reporting Council (FRC), according to news from The Financial...

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