{"id":92051,"date":"2018-05-18T08:00:00","date_gmt":"2018-05-18T08:00:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=e5c41ab7ac4f13c4d372e128408d7010"},"modified":"2018-05-18T08:00:00","modified_gmt":"2018-05-18T08:00:00","slug":"press-release-expert-advisory-group-appointed-for-the-financial-reporting-council-review","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=92051","title":{"rendered":"Press release: Expert advisory group appointed for the Financial Reporting Council review"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Sir John Kingman, the head of an independent review into the audit, accountant and actuary regulator the Financial Reporting Council (<abbr title=\"Financial Reporting Council\">FRC<\/abbr>), has today (Friday 18 May) announced details of the independent advisory group that will support the review.<\/p>\n<p>The review aims to make the <abbr title=\"Financial Reporting Council\">FRC<\/abbr> the best in class for corporate governance and the advisory group brings together expertise from a range of sectors and backgrounds, with members including representatives from the investment community, senior business leaders, and leading figures in accountancy, governance and regulation.<\/p>\n<p><a href=\"https:\/\/www.gov.uk\/government\/news\/government-launches-review-of-audit-regulator\">Launched in April 2018<\/a>, the review is assessing <abbr title=\"Financial Reporting Council\">FRC<\/abbr>\u2019s governance, impact and powers, to ensure it is fit for the future, and is due for completion by the end of 2018.<\/p>\n<p>In accordance with the <a href=\"https:\/\/www.gov.uk\/government\/publications\/financial-reporting-council-review-2018\">review\u2019s terms of reference<\/a>, the advisory group will be responsible for scrutinising and challenging the review\u2019s findings and recommendations, as well as advising on the direction of the review and sources of evidence.<\/p>\n<p>The review will include a consultation, asking for views on the <abbr title=\"Financial Reporting Council\">FRC<\/abbr>\u2019s role.<\/p>\n<p>The advisory group will be comprised of:<\/p>\n<ul>\n<li>Lucinda Bell: Formerly <abbr title=\"chief financial officer\">CFO<\/abbr> at British Land; Non-Executive Director and Audit Chair, Rotork plc<\/li>\n<li>Mark Burgess: Deputy Global Chief Investment Officer, and Chief Investment Officer EMEA, Columbia Threadneedle<\/li>\n<li>John Cridland: Chair, Transport for the North, leading the State Pension Age review; formerly Director-General, Confederation of British Industry (<abbr title=\"Confederation of British Industry\">CBI<\/abbr>)<\/li>\n<li>Dame Amelia Fawcett: Deputy Chair of Swedish investment firm Kinnevik; Non-Executive Board Member at HM Treasury, and Non-Executive Director at State Street Corporation (US); formerly Chair, Guardian Media Group<\/li>\n<li>Amelia Fletcher: Professor of Competition Policy, University of East Anglia; Non-Executive Director, Financial Conduct Authority, Payment Systems Regulator, and Competition and Markets Authority<\/li>\n<li>Simon Fraser: Chair of F&amp;C Investment Trust and the Investor Forum; formerly Chief Investment Officer of Fidelity International Ltd<\/li>\n<li>Sir Peter Gershon: Chairman, National Grid plc. Formerly Chair, Tate &amp; Lyle plc, and Chief Executive, Office of Government Commerce<\/li>\n<li>Teresa Graham: Chair, Salix Finance; Chair, <abbr title=\"HM Revenue and Customs\">HMRC<\/abbr> Administrative Burdens Advisory Board; previously Deputy Chair of the government\u2019s Better Regulation Commission (<abbr title=\"Better Regulation Commission\">BRC<\/abbr>), and a Partner at accounting firm Baker Tilly (now RSM)<\/li>\n<li>Dame Mary Keegan: Former chair, Accounting Standards Board; previously PWC\u2019s first female audit partner; founding member, International Forum on Accountancy Development, and HM Treasury\u2019s former Managing Director for Government Financial Management<\/li>\n<li>Nikhil Rathi: Chief Executive Officer, London Stock Exchange Plc at London Stock Exchange Group plc<\/li>\n<li>Anne Richards: Chief Executive Officer, M&amp;G Investments<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Review will assess FRC&#8217;s governance, impact and powers, to ensure it is fit for the future.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92051"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92051"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92051\/revisions"}],"predecessor-version":[{"id":92078,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92051\/revisions\/92078"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}