Financial Reporting Council

Set high standards of corporate governance, reporting & audit & hold to account those responsible for delivering them

General Information
Company Name
Financial Reporting Council
Founded Year
1991
Location (Offices)
London, United Kingdom +2
Founders / Decision Makers
Number of Employees
474
Industries
Financial Services, Fintech
Funding Stage
-
Social Media

Financial Reporting Council - Company Profile

Financial Reporting Council (FRC) is an independent regulator in the UK that aims to maintain high standards of corporate governance, reporting, and audit, ensuring accountability for those responsible for upholding these standards. Established in 1991, the FRC plays a pivotal role in setting the UK Corporate Governance and Stewardship Codes, along with standards for accounting, auditing, and actuarial work. Additionally, the organization represents UK interests in international standard-setting while monitoring and taking action to enhance the quality of corporate reporting and auditing. The FRC also oversees independent disciplinary arrangements for accountants and actuaries, as well as the regulatory activities of the accountancy and actuarial professional bodies. Operating within the Financial Services and Fintech industries, the FRC contributes to upholding trust and integrity within the financial sector, making it a significant player in shaping the regulatory landscape. Despite the absence of specific details on its headquarters, last investment, or investors, the FRC's dedication to upholding industry standards and accountability establishes its importance in the regulatory sphere.

Taxonomy: Corporate Governance, Reporting Standards, Audit Compliance, Stewardship Codes, Accounting Standards, International Standard-Setting, Disciplinary Regulations, Regulatory Oversight, Professional Body Oversight

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