The UK Financial Reporting Council (FRC) has introduced Provision 29 in its revised UK Corporate Governance Code, requiring listed companies to make an explicit declaration on the effectiveness of their risk management and internal control frameworks in their 2026 annual reports.
The UK’s Financial Reporting Council (FRC) just launched the public beta of its digital reporting Viewer—great news for anyone who wants easier access to structured company data. This tool lets users view and analyse Inline XBRL reports without specialist software.
The Financial Reporting Council (FRC) has issued a Staff Guidance Note in response to the Financial Conduct Authority’s (FCA) revised UK Listing Rules (UKLR), which took effect in July 2024.
The UK Financial Reporting Council (FRC) has reviewed the first round of mandatory Climate-related Financial Disclosures (CFD) from AIM-listed and large private companies, finding significant variation in quality. While companies have made efforts to comply, many disclosures lacked clarity, consistency, and depth.
Last month, the Financial Reporting Council (FRC) released a discussion paper aimed at gathering stakeholder insights on key developments that could shape the future of digital reporting in the UK.
The Financial Reporting Council (FRC) has published a draft version of the 2025 Taxonomy Suite and is inviting public feedback until 20 September 2024. This draft introduces several important updates designed to enhance digital financial reporting and provide clearer information for users.
Earlier this month the UK’s Financial Reporting Council (FRC) announced a significant restructure, establishing two new functions: Market Intelligence and Insights, and Digital Reporting and Taxonomies.
The UK’s Financial Reporting Council (FRC) is taking steps to enhance sustainability reporting assurance through focused roundtable discussions. These roundtables, introduced as part of the FRC’s ongoing market study initiated in March 2024, aim to gather insights from stakeholders regarding the current state and future direction of sustainability assurance.
The Financial Reporting Council (FRC) has launched a survey of the UK market for sustainability assurance services. This initial study aims to ensure the efficient functioning of the rapidly expanding market and to enhance the quality of assurance provided over companies’ sustainability reporting.
The Financial Reporting Council (FRC) has released its assessment of reporting by the UK’s major private companies, published January this year.
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