The
House of Lords yesterday debated and approved the
Statutory Auditors (Amendment of Companies Act 2006 and Delegation of Functions etc.) Order 2012.
Hansard, the record of debate, is available
here or
here (
pdf). The purpose of the Order is to make changes to the structure and powers of the
Financial Reporting Council. Further information is available
here. A copy of the Order will be published soon on the
legislation.gov.uk website (a draft of the Order is available
here).
Update (6 July 2012): a copy of the Order has been published
here.
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