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Financial Reporting Council: Misconduct

Question for Department for Business, Energy and Industrial Strategy

UIN HL3835, tabled on 8 November 2021

To ask Her Majesty's Government what plans they have, if any, to publish a list showing fines collected from auditors admonished for misconduct by the Financial Reporting Council.

Answered on

22 November 2021

The Financial Reporting Council (FRC) publishes all financial sanctions imposed against audit firms and individuals in an Outcomes document on its website. This document is maintained and updated throughout the year.

In addition, on a yearly basis, the FRC publishes its Annual Enforcement Review, which contains a list of all sanctions imposed in the year. The Review for 2021 is available on the FRC website.