The UK Financial Reporting Council (FRC) has published its draft strategy for 2025-28.
FRC CEO Richard Moriarty said: "The strategy includes the FRC's continued commitment to uphold high standards of corporate governance, corporate reporting, audit, and actuarial work."
"The strategy also includes important commitments to review our regulation to ensure it is effective, proportionate and best designed for the future," he added.
The FRC's five priorities are to:
- Underpin investor and broader confidence in UK plc, which enables businesses to attract capital and grow
- Embed the principle of proportionality in our work and identify and address unnecessary burdens on business
- Understand the markets we oversee to identify whether they work effectively to support growth
- Identify key future trends and innovations in the markets we oversee that businesses and regulators should be well positioned for
- Work with others to support the future skills and resilience of the professions needed for the markets we oversee
