UK: FRC quarterly progress and planning report

The Financial Reporting Council has published the January 2009 edition of its quarterly progress and planning report. The report highlights FRC activities in the past quarter and indicates that the FRC has no major projects or activities concerning corporate governance planned for the next quarter. Activities are, however, planned with regard to corporate reporting, auditing and actuarial practice. The FRC also states that it will soon publish the outcome of its Accountancy Scheme Review and consultation including final proposals and a full draft of the revised Accountancy Scheme.