Tag Archives: financial reporting council

FRC Provides a Significant Update on Its Future Policy and Cuts Back on Proposed Corporate Governance Code Changes

The FRC’s future work will be assessed through the lens of the UK’s economic growth and international competitiveness. By Mark Austin, Chris Horton, James Inness, Anna Ngo, and Johannes Poon On 7 November 2023, the FRC announced a significant and wide-ranging policy update which included a material change of direction in relation to how it … Continue Reading

Report Identifies Weaknesses in UK Companies’ Modern Slavery Act Statements

A recent report concluded that modern slavery considerations are still not a mainstream concern for many companies. By Clare Nida In April 2022, the Financial Reporting Council, the Independent Anti-Slavery Commissioner, and Lancaster University published a report on Modern Slavery Reporting Practices in the UK (FRC Report), which concluded that reporting on modern slavery in … Continue Reading