FSA and FRC enhance information exchange

by Gill Montia

Story link: FSA and FRC enhance information exchange

The Financial Services Authority (FSA) and the Financial Reporting Council (FRC) are enhancing their level of co-operation and information sharing, having today signed a new Memorandum of Understanding on accounting and disclosure issues. The move should enable the regulators to improve their oversight of the audits of authorised firms, particularly as the FRC’s Audit Inspection [...]