For this "In Conversation" podcast episode, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs at the FRC, is joined by Lauren Tynen, Senior Corporate Governance Policy Associate, and Fiona Graham, COO of Family Business UK, to discuss the FRC’s latest Wates Principles reporting insights. They examine how the Principles support transparency, outcomes-based reporting, and active decision-making for private companies, and share practical guidance from the FRC’s 2025 review.

Join Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, Dhruve Shah, Deputy Director of Professional Bodies Supervision, and Laura Warren, Director of Market Intelligence & Insights, as they discuss some of the work the FRC has been doing this year to support growth through proportionate regulation, such as helping auditors tailor their approach to match the size and complexity of each client, because not all large companies are complex, and not all small ones are simple.

In the latest episode of the FRC’s In Conversation podcast series, host Kate O’Neill sits down with Jessica Dahlstrom, Head of Corporate Governance, and Kelvin Ernest, Senior Policy Associate in the Corporate Governance team, to unpack the recent update to the guidance for the Corporate Governance Code. Together, they explore how the code's principles offer companies greater flexibility in structuring remuneration for non-executive directors, and how the change supports good governance in the UK.

In this In-Conversation podcast episode, Andrea Tweedie, Head of Stewardship, sits down with Director of Stakeholder Engagement and Corporate Affairs, Kate O’Neill to discuss the FRC's latest report, "Preparing for the UK Stewardship Code 2026 – applying insights from current reporting", and how its findings may help signatories to the UK Stewardship Code through the Code's transition year.

In this episode, Richard Moriarty, CEO, joins Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, to discuss the FRC's proposals to update the Audit Enforcement Procedure as part of its End-to-end Enforcement Process Review. The proposals aim to expand the FRC's regulatory toolkit to deliver proportionate responses to different types of failings, and Richard and Kate discuss how the proposed expansion from two enforcement routes to five will enable this, before outlining the FRC's comprehensive plan to engage with a range of stakeholders across webinars and roundtables.   The FRC is hosting a webinar on Wednesday 8 October to discuss the proposals in detail, with an opportunity for Q&A with the expert speakers: Elizabeth Barrett, Executive Director of Enforcement, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, and Anthony Barrett, Director of Audit Quality Review.

In this episode Kate O'Neill, our Director of Stakeholder of Stakeholder Engagement and Corporate Affairs sits down with our CEO, Richard Moriarty and Director of Strategy and Change, Miranda Craig to discuss the launch of the FRC's new Innovation and Improvement Hub which aims to create an explorative space to work collaboratively with market participants on issues of common concern.

In this episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, speaks with Andrew Meek, Director of Audit Firm Supervision, about the FRC's new initiative to build capacity and resilience in the smaller audit firm market. They discuss how this collaborative approach will help smaller firms strengthen their quality management systems and explore the benefits for the wider UK audit market, including improved audit quality and greater choice for companies seeking audit services.

For this In Conversation podcast episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, discusses the key changes in the recently revised UK Stewardship Code with Andrea Tweedie, Head of Stewardship. Kate and Andrea cover the fundamental updates to the Code, including the revised definition of stewardship, its new reporting structure and restructured principles which differentiate between asset managers, asset owners, and service providers. They discuss the 2026 transition year arrangements, explaining how the transition year will work for existing signatories. Kate and Andrea also speak about the application process, touching on the support available for new and existing signatories.

Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, sits down with Pauline Wallace, Chair of the UK Endorsement Board, as she prepares to step down on 10 September after 5 years leading the UKEB. Pauline has seen the UKEB grow from its conception to the influential organisation that we see today, and in this podcast she reflects on major achievements and why the UKEB is critical to the UK’s financial reporting environment.

In this In Conversation podcast episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, discusses the FRC's emerging findings of its market study examining how small and medium-sixed enterprises (SMEs) engage with the audit market alongside Laura Warren, Director of Market Intelligence and Insights, Dhruve Shah, Deputy Director of Professional Bodies Supervision, and Peter Kitson, Audit and Assurance Project Director. Kate, Laura, Dhruve and Peter speak about the importance of proportionality and scalability in audit standards, how the FRC has facilitated this by developing a practice note to help auditors apply ISAs more proportionately to smaller entities, and the various other proposed remedies emerging from the study's findings. Details of how to take part in the next steps of the FRC's year long campaign to support SME's access to audit can be found on the FRC's website, including an invite to join its upcoming roundtables beginning 9 September 2025.

In the final episode of the FRC's podcast series on the UK Corporate Governance Code 2024, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Maureen Beresford, Director of Corporate Governance and Stewardship, and Kelvin Ernest Senior Policy Associate in the Corporate Governance team, for a thought-provoking discussion on the importance of remuneration and the vital role of the remuneration committee. Together, they unpack the purpose and significance of Section 5 of the Code, and explore why it plays such a crucial role in today's evolving corporate landscape.

For the third episode of the FRC's podcast series exploring the UK Corporate Governance Code 2024, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Maureen Beresford, Director of Corporate Governance and Stewardship at the FRC, and Wendy Barnes, portfolio non-executive director and cyber resilience advisor. The conversation focuses on the growing importance of cyber risk in corporate governance, particularly in light of the revised Code coming into effect in 2026. They discuss how boards can approach cyber risk as a strategic issue rather than a purely technical one, the role of board-level oversight, and the importance of building organisational resilience. The episode also highlights practical tools and frameworks available to support boards in navigating this evolving area.

Join Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs and Sarah Rapson, Executive Director of Supervision, as they discuss the FRC's latest phase of engagement on the Future of Audit Supervision Strategy (FASS). This episode explores how the FRC may evolve its supervisory approach to centre on firms' systems of quality management, moving towards a more proportionate and qualitative framework that supports audit quality across the entire market. Sarah shares insights from extensive stakeholder engagement and outlines key proposals including changes to inspection approaches and reporting methods. The consultation, running until 30 September, seeks views from all stakeholders with an interest in creating a supervisory environment that promotes a resilient audit market whilst reducing regulatory burden and supporting trust and confidence in UK businesses.

For the second episode of the FRC's podcast series exploring the UK Corporate Governance Code 2024, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, sits down to discuss the principles-based nature of corporate governance and the importance of 'comply or explain' with Tedi Jorgi, Senior Corporate Governance Policy Associate, and Paul Lee, Head of Stewardship and Sustainable Investment Strategy at Redington. The conversation explores why the UK's principles-based approach empowers boards rather than constrains them, addresses misconceptions around 'comply or else', and discusses how companies can embrace the flexibility the code offers whilst delivering meaningful reporting.

Following on from the FRC's recent podcast episode on exploring 'What is an Audit', Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined once again by Project Directors, Ramana McConnon and Peter Kitson, to delve into the key differences between audit and assurance. They also unpack the FRC's regulatory role in assurance, and the standards that govern it.

In this first instalment of the FRC's new podcast series on the UK Corporate Governance Code 2024, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, explores how the revised Code encourages Boards to support consistent cultures in their companies with Lauren Tynen, Senior Corporate Governance Policy Associate, and Anneke Thordsen, Audit Market Supervision Project Director.

In this In Conversation podcast episode, Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Tara Trousdale, Finance Director, Rob Amponsah, Senior Marketing and Digital Communications Manager, and Kristianne Russell, Stakeholder Engagement Manager, to discuss the FRC's Annual Report and Accounts 2024/25. They explore how the FRC successfully reduced the report's length by 30% over the last three years while transitioning to new reporting requirements, the collaborative approach to avoiding repetition and enhancing accessibility, and reporting with the same transparency and clarity expected from regulated organisations.

Richard Moriarty, CEO, joins Kate O'Neill, Director of Stakeholder Engagement and Corporate Affairs, to discuss what the FRC has accomplished so far this year, take stock of the current political and economic environment, and give updates about the progress of some of its larger projects such as the Future of Audit Supervision Strategy, End to End Enforcement Review and SME audit market study.

In our latest In Conversation podcast, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, is joined by Elizabeth Barrett, Executive Director of Enforcement & Executive Counsel, to discuss the latest Annual Enforcement Review, the ongoing End-to-End Enforcement review, and how this will shape the future of Enforcement at the FRC.

The Financial Reporting Council has revised Technical Actuarial Standard (TAS) 300 to bring greater clarity to practitioners and to ensure it continues to be fit for purpose. Join David Young, Stakeholder Engagement Manager, Andrew Bennett, Senior Actuarial Project Director, and Mark Harris, Actuarial Project Director, as they discuss what revisions in TAS 300 v2.1 mean in practice.