Correspondence

Financial Reporting Council (FRC) remit: letter from Business Secretary, March 2019

Letter from the Secretary of State for Business, Energy and Industrial Strategy to the CEO of the Financial Reporting Council (FRC) providing recommendations for the FRC, and response from the FRC.

Documents

Letter from Secretary of State Greg Clark to Stephen Haddrill, CEO Financial Reporting Council, 11 March 2019

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Letter from Stephen Haddrill, FRC to Secretary of State Greg Clark, 27 March 2019

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Details

The Financial Reporting Council (FRC) promotes transparency and integrity in business. It regulates auditors, accountants and actuaries, and sets the UK’s Corporate Governance and Stewardship Codes.

The Department for Business, Energy and Industrial Strategy has committed to, at least once in each Parliament, making recommendations to the FRC about aspects of the economic policy of the government to which the FRC should have regard to when advancing its objectives and discharging its duties.

Published 15 April 2019