By Neil Hodge2023-12-18T18:57:00
The U.K. Financial Reporting Council’s (FRC) long-planned transition to become the Audit, Reporting and Governance Authority (ARGA) appears to be taking place no time soon.
The King’s Speech in November did not include parliamentary time to enact the legislation to create ARGA. The omission signified it is unlikely the FRC’s supposedly tougher replacement will be up and running before 2026/27—a prospect that might seem even more doubtful given there will be a general election by January 2025.
Some might even question whether the legislation will ever be of high enough priority to make it to the statute books.
2024-01-23T12:56:00Z By Kyle Brasseur
The Financial Reporting Council held back on the latest round of updates to the U.K.’s corporate governance code, as the country remains wary of pushing away businesses and investors.
2024-01-23T12:55:00Z By Neil Hodge
Legal experts are unconvinced record fines against audit firms imposed last year by the U.K. Financial Reporting Council will necessarily improve audit quality.
2024-01-22T13:00:00Z By Ruth Prickett
Lawyers and accountants in the United Kingdom have welcomed the publication of The Pensions Regulator’s new pensions code of practice but warned it might not improve the management of those that are not already well run.
2025-08-22T19:05:00Z By Adrianne Appel
Businesses operating in California will need to meet new, first-in-the-nation privacy requirements for cybersecurity, risk assessments, and automated decision-making technology, under a large expansion of rules by the state.
2025-08-18T17:44:00Z By Aly McDevitt
The U.S. Department of Justice has filed two lawsuits against the California Air Resources Board, claiming it no longer has the legal right to enforce strict emissions rules for heavy-duty trucks.
2025-08-14T15:13:00Z By Ruth Prickett
Navigating tariffs and sanctions is becoming a core part of compliance for many companies. As the U.S. and others use economic policies for political aims, compliance teams must adapt to this new geoeconomic trend.
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