Financial Reporting Council News

UK Accounting Watchdog Probes Former Employees of RSA’s Irish Unit

The UK Financial Reporting Council is investigating former employees of RSA Insurance Group plc’s Irish unit regarding accounting irregularities in 2012. “The FRC has decided to investigate the conduct of certain individual members,” the accounting and auditing authority said in …

EU Capital Markets Plan Must Improve Investor Protections: UK Regulator

The European Union’s plan for a unified capital market needs more work to protect investors from losses if it is to provide the economic boost policymakers’ are hoping for, a top British regulator said on Thursday. Martin Wheatley, chief executive …