Financial Policy Committee and Financial Reporting Council: Difference between pages

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''UK - Bank of England.''
(FRC).  


(FPC).  
The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.


A committee of the Bank of England with primary responsibility for identifying, monitoring and taking action to remove or reduce systemic risks, with a view to protecting and enhancing the resilience of the UK financial system.  
Its functions also include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.  


The FPC has a secondary objective to support the economic policy of the UK government.


 
== See also ==
== See also==
* [[Accounting standards]]
* [[Bank of England]]
* [[Accounting Council]]
* [[Financial stability]]
* [[Auditing Practices Board]]
* [[Financial Stability Report]]
* [[Actuarial Council]]
* [[Monetary Policy Committee]]
* [[Financial Reporting Review Panel]]
* [[Prudential Regulation Committee]]
* [[Professional Oversight Board]]
* [[Systemic risk]]
* [[UK Corporate Governance Code]]
* [[UK Stewardship Code]]
* [[Conduct Committee]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]

Revision as of 15:24, 22 February 2014

(FRC).

The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.

Its functions also include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.


See also