• Register
Return to: Home > News > Regulation > FRC appoints inaugural chairs to advisory bodies

FRC appoints inaugural chairs to advisory bodies

Following the reform of the UK Financial Reporting Council (FRC) in July, the regulator has appointed Olivia Dickson, Nick Land and Roger Marshall as chairs of its three newly established advisory bodies.

Dickson will chair the Actuarial Council, Land will chair the Audit and Assurance Council and Marshall will chair the Accounting Council.

The Actuarial Council aims to promote high quality actuarial practice and the integrity, competence and transparency of the actuarial profession for the benefit of all those who rely on actuarial advice.

The FRC said the first appointees to the Actuarial Council are expected to play an active role in shaping the way in which the council operates and in particular developing how it engages with stakeholders, the FRC Executive and the FRC Board and its Committees.

The Audit and Assurance Council considers and advises the FRC Board and the Codes and Standards Committee on audit and assurance matters, while the Accounting Council provides strategic input and thought leadership, both in the field of accounting and financial reporting and in the work-plan of the FRC as a whole.

FRC chairman Baroness Sarah Hogg said in establishing the bodies the FRC “has made important appointments that will command respect for the quality, range and objectivity of their input”.

“Each Council will make a strong contribution to our input to Europe and international, as well as domestic policy-making. I look forward to working with each Council,” Hogg added.

The regulator also said all the members of each council have “deep expertise in their respective fields” and will provide it with both “technical knowledge and a wide understanding of the key issues it faces”.

 

Related article

UK FRC structural reform receives green light

Top Content

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more

    FASB: a quest for simpler standards

    FASB chair Russell Golden addressed the IMA 2019 Annual Conference and Expo at the Sheraton San Diego Hotel and Marina, California, on 18 June. IMA immediate former chair-emeritus Alex Eng acted as moderator. Joe Pickard reports.

    read more

    The future of audit, and how to get there

    Two recent reports peer into the future of the audit profession. One analyses what an audit should offer, while the other looks at how the audit process will be carried out. Robin Amlôt takes a closer look at both.

    read more

    EFAA elects new president, focuses on digital future

    EFAA’s new president, Salvador Marin, outlined his key priorities for the next two years at the organisation’s 2019 annual general meeting, while outgoing president Bodo Richardt offered advice. Robin Amlôt reports.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.