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An FRC spokesperson said:

“The FRC will study Sir Donald Brydon’s report with interest. Many of his recommendations, if accepted by the government, will have significant implications for the FRC in respect of our activities and resource requirements.

“We have already implemented a number of the recommendations of the independent review of the FRC and anticipate being involved in delivering the broader reforms to the UK audit market that the government has initiated.”

The link to Sir Donald Brydon's report can be found here.

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Peter TimberlakeHead of Communications

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