Financial Reporting Council

Financial Reporting Council

Financial Reporting Council

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Description:
The Financial Reporting Council (FRC) is the UK's independent regulator responsible for promoting high quality corporate governance and reporting to foster investment.

Structure

It is a company limited by guarantee, partly funded by government and the industry and its Board of Directors is appointed by the Secretary of State for Business, Innovation and Skills. It and its subsidiaries play crucial roles in the oversight and development of corporate governance standards in the UK, such as the UK Corporate Governance Code and standards for the accounting industry.

The FRC incorporates six operating bodies:

Senior personnel

Sarah Hogg has been Chairman of the FRC since May 2010. Other Board members include Glen Moreno, Sir Michael Rake and Sir John Sunderland.

The FRC's Chief Executive since November 2009 is Stephen Haddrill.

See also



References



External links




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