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FRC: Revised operating procedures for reviewing corporate reporting

The Conduct Committee has approved a revised set of its operating procedures for reviewing corporate reporting following a public consultation. The revised procedures will increase the transparency of the Committee’s processes by permitting publication of the names of those companies whose reports and accounts it has reviewed, once the cases are closed. The procedures also allow for more executive-led decision making, with a view to making them more efficient and effective.

The Conduct Committee has also updated its Frequently Asked Questions to reflect the changes to its procedures.

The revised operating procedures took effect on 1 April 2017.

Related Resources

The Conduct Committee: Operating procedures for reviewing corporate reporting (PDF)

Feedback statement: Consultation paper - Revised operating procedures for reviewing corporate reporting (PDF)

FAQs (PDF)

 

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