Financial Reporting Council Rating A · Worker

The Financial Reporting Council sets the standards and codes for corporate governance, reporting, and audit and actuarial work in the UK. Its responsibilities include maintaining the UK Corporate Governance Code, the UK Stewardship Code, and specific reporting principles for large private companies.

To ensure compliance, the organisation conducts monitoring obligations, publishes audit firm reports, and runs sandbox programmes to encourage regulatory innovation. It also investigates the conduct of accountants, auditors, and actuarial professionals, taking enforcement action when necessary.