This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

FRC to review sanctions imposed under its enforcement procedures

  • FRC Image

30 Mar 2017

The Financial Reporting Council (FRC) has commissioned an independent review of the sanctions imposed under its enforcement procedures.

The review will consider matters such as:

  • Whether the reasons for imposing sanctions set out in its guidance and policies remain appropriate.
  • The fairness and effectiveness of the range of sanctions available under the enforcement procedures.
  • Whether the financial penalty sanctions are adequate to safeguard the public interest and deter wrongdoing. 

The review will be conducted by an independent panel. 

The press release is available on the FRC website.

*Update 11/05/2017 - the independent review panel to conduct the review has issued a call for submissions and evidence.  A report setting out the findings will be published.  The deadline for responding is 30 June 2017.  The press release is available on the FRC website*

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.