UK: FRC publishes its strategy 2018-2021

The Financial Reporting Council has published its strategy for the next theee years: see here (pdf). As well as confirming the forthcoming review of the UK Stewardship Code, the document also sets out the FRC’s view that it is time to “test the current stautory audit model and ask whether it can be made more effective as currently established, and how audit should be developed to serve the public interest in the future, taking account of changing business models, new technology and stronger public expectations”.