The minutes of the November meeting of the Financial Reporting Council Review (known as the Kingman Review) Advisory Group were published today: see here (docx). Amongst the items of note is one concerning the response to the Group's call for evidence concerning the powers of the Financial Reporting Council. The minutes note that, with regard to the argument that the FRC ought to be able to act against all directors, "there was more unanimity on this point from respondents to the call for evidence than on any other matter". The minutes also record the approval of draft recommendations in this area by the Group.
Minutes from all of the Group's meetings are available here.
Wednesday, 12 December 2018
UK: FRC Review Advisory Group and the powers of the FRC
The minutes of the November meeting of the Financial Reporting Council Review (known as the Kingman Review) Advisory Group were published today: see here (docx). Amongst the items of note is one concerning the response to the Group's call for evidence concerning the powers of the Financial Reporting Council. The minutes note that, with regard to the argument that the FRC ought to be able to act against all directors, "there was more unanimity on this point from respondents to the call for evidence than on any other matter". The minutes also record the approval of draft recommendations in this area by the Group.
Minutes from all of the Group's meetings are available here.
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