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The Financial Reporting Council makes its case for broader powers

Neil Hodge | April 18, 2017

In the 25 years since the Cadbury Report was published to outline good corporate governance practices for U.K.-listed companies, there have been 14 subsequent reports and revised guidances on the subject. Get ready for yet another.

Even before Theresa May took over as Prime Minister, there have been calls to re-examine and rake over the country’s system of corporate governance and regulatory oversight. A committee of Members of Parliament is the first to set out its stall ahead of the government.

The House of Commons Select Committee on Business, Energy, & Industrial Strategy (BEIS) started its inquiry into the state of U.K. corporate governance last September. In its letter to the MPs sitting on it, the Financial Reporting Council (FRC) set out its proposals... To get the full story, subscribe now.