Friday 19 December 2014

UK: FRC draft annual plan, budget and proposed levies

The Financial Reporting Council has published its draft plan, budget and proposed levies for 2015/16: see here (pdf). The report notes, amongst other things, "... some encouraging signs of more engagement on a wider range of issues between the larger listed companies and their shareholders; but this is not the case across the listed sector or the signatories to the Stewardship Code as a whole". Contributing to the development of an updated Audit Firm Governance Code is one of the (many) tasks for the year ahead.

No comments: