Financial Policy Committee and Financial Reporting Council: Difference between pages

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(FPC).
''Financial reporting - UK''


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.  
(FRC).  


The FPC has a secondary objective to support the economic policy of the UK Government.
The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.


The FRC's other functions include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.


== See also==
* [[Bank of England]]
* [[Financial stability]]
* [[Monetary Policy Committee]]
* [[Systemic risk]]


[[Category:Risk_frameworks]]
== See also ==
* [[Accounting standards]]
* [[Accounting Council]]
* [[Audit & Assurance Council]]
* [[Auditing Practices Board]]
* [[Actuarial Council]]
* [[BEIS]]
* [[Financial Reporting Review Panel]]
* [[Professional Oversight Board]]
* [[UK Corporate Governance Code]]
* [[UK Stewardship Code]]
* [[Conduct Committee]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 09:16, 4 November 2017

Financial reporting - UK

(FRC).

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

The FRC's other functions include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.


See also