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Brief
On 24/07/2025, the Financial Reporting Council (FRC) issued an update regarding FRC publishes 2024/2025 Annual Enforcement Review. The review highlights notable cases concluded in the last year, emphasizing proportionality and timely outcomes, with financial sanctions totaling £14.5m imposed. Nine investigations were settled, two closed without further action, and 12 resolved through engagement, achieving a 90% completion rate within two years, exceeding performance benchmarks.
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