Further delays to the U.K.’s long-promised Audit Reform and Corporate Governance Bill and the creation of a new regulator, known as the ARGA, have triggered a slew of criticisms and calls for a timetable for reform. On Sept 8, 66 MPs from across all political parties sent a letter to the Prime Minister, coordinated by the Chartered Institute of Internal Auditors, calling for reforms to be brought back onto the Parliamentary agenda. They said the “case for reform is now more pressing than ever.”
