Consultation outcome

Financial Reporting Council reform

• From: Department for Business, Innovation & Skills
• Published: 18 October 2011

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Read the full outcome

Proposal to reform the Financial Council: a joint government and FRC response

Ref: BIS/12/700

PDF, 290 KB, 31 pages

Proposals to reform the Financial Reporting Council: final impact assessment

Ref: BIS/12/701

PDF, 516 KB, 43 pages

Detail of outcome

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Original consultation

Summary

A consultation seeking views on proposed reforms to the structure of the Financial Reporting Council (FRC).

This consultation ran from
18 October 2011 to 11:45pm on 10 January 2012

Consultation description

The Financial Reporting Council (FRC) is already well regarded in the UK, the EU and internationally. By tightening the focus of its activities and reforming its structural framework it could be even more effective, increasing the contribution it makes to supporting the UK’s business interests.

This consultation seeks views on a set of reforms designed to build on FRC’s strengths as well as making it more effective.

Documents

Proposals to reform the Financial Reporting Council: a joint BIS and FRC consultation

Ref: BIS/11/1250

PDF, 242 KB, 42 pages

Proposals to reform the Financial Reporting Council: impact assessment

Ref: BIS/11/1251

PDF, 475 KB, 40 pages

Published 18 October 2011