The Latest Breaking News from FRC

Regulator says accountants’ audit of jet engine maker failed to report payments to Indian intermediaries

The original fine was reduced after the accountancy firm made admissions relating to the case

The Financial Reporting Council also handed a £40,056 fine to John Charlton, who worked on the audit for the corporate finance firm.

The financial watchdog said its initial fine of £2m was reduced after early admissions by the company

First Republic Bank (NYSE:FRC) has outperformed the market over the past 10 years by 4.94% on an annualized basis producing an average annual return of 17.46%. Currently, First Republic Bank has a market capitalization of $29.61 billion.

The accountancy giant is under investigation by the Financial Reporting Council over the Newcastle-based transport group's 'breach of trust' in a rail franchise

Deloitte says it will cooperate with FRC investigation after Go-Ahead was embroiled in accounting scandal

An international organization specialized in assessing food security has warned of possible famine in five Yemeni areas controlled by the Iran-backed Houthi militias. It also warned that the war in Ukraine, which supplies Yemen with about 30% of its annual wheat needs, threatens to further deteriorate the situation in the…

From humble beginnings, a campaign driven by Labor MPs has grown, implying the Coalition has a plan to expand the cashless debit card to age pensioners. Is there any evidence, or is it a scare campaign?