The Financial Reporting Council (FRC) has launched a new website, which the regulator says offers a fresh design and more accessible functionality for stakeholders, and has refreshed its 'mission' in line with its work in the public interest to promote transparency and integrity in business
The new website has been designed following extensive feedback from stakeholders. It places users in control of the navigation by presenting reports and information relevant to their needs right up front, and is intended to offer a more efficient, targeted resource.
The FRC’s mission recognises that investor confidence flows from trust in business. Successful and sustainable businesses support society by providing jobs, contributing to economic growth and helping to create prosperity in the UK.
Stephen Haddrill, FRC CEO, said: ‘Our refreshed mission is a concise articulation of what we strive for as an organisation and recognises how our work on corporate governance and reporting combines to meet the needs of users, preparers and the wider community within which business operates.’
‘“Transparency” makes a connection with the wish for more information from business, which also encompasses our actuarial work. “Integrity” aligns better with the governance outcome we seek through our work on culture and the role of leadership, both in the corporate sector and with the audit firms.
‘Integrity is core to the professions we regulate and oversee. In a post-Brexit society, trust in business and the profession can only be achieved if they conduct themselves with transparency and are guided by integrity.’
The FRC's website can be reached here.