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Letter from the Secretary of State for Business and Trade to the CEO of the Financial Reporting Council (FRC) providing an update on the FRC’s remit.
Mr Skeoch will serve as interim Chair from 12 October 2020 for a period of up to 6 months.
Businesses can now digitally report energy and carbon data in the same way as financial information.
Simon Dingemans will take up the position in the Autumn.
Announcement comes as HMRC’s Annual Report and Accounts shows HMRC in a strong position collecting record revenues due for public services.
Simon Dingemans is the government’s chosen candidate to be the next chair of the FRC.
The independent review recommends that the FRC be replaced with an independent statutory regulator called the Audit, Reporting and Governance Authority.
The review will help to ensure the FRC's role and powers are fit for the future.
Review will assess FRC's governance, impact and powers, to ensure it is fit for the future.
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