FRC (Financial Reporting Council)

The Financial Reporting Council (FRC) is the UK's independent regulator responsible for overseeing accounting, auditing, and corporate governance standards. Its role is to ensure companies produce accurate and transparent financial reports, fostering trust in the financial markets. The FRC sets rules, monitors compliance, and enforces discipline when standards are not met. By maintaining high-quality reporting, it helps investors, regulators, and the public make informed decisions about companies' financial health and management.