Financial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms

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Date: 25th Mar, 2025 Source: Financial Reporting Council (FRC) Country: United Kingdom Original Source

Brief

On 25/03/2025, the Financial Reporting Council (FRC) issued an update regarding Financial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms. The FRC reaffirms its position that capital restructuring in the UK audit market is not opposed in principle and could enhance audit quality, drive innovation, choice, and growth across the sector, provided firms engage with the regulator early and confidentially, and invite direct engagement with potential investors or parties considering new capital structures.

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Financial Reporting Council (FRC)

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Financial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms

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Financial Reporting Council Updates Position on Capital Restructuring at UK Audit Firms

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Financial Reporting Council (FRC)

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