Tag: Reliable Accounting Risk

Corporate Governance Reform

LAPFF’s response focuses on how to ensure that executive pay is properly aligned to long-term performance and on giving greater voice to employees and consumers in the boardroom.  It also sets out where there are major problems with the FRC as the regulator of governance, accounts and financial reporting.   LAPFF Response to BEIS Green […]

IAS consultation on the impact of IFRS in the EU

LAPFF, together with a group of nine UK organisations has made a joint submission to the European Commission on the impact of International Financial Reporting Standards. The participating institutions include individual asset management firms, pension funds and associations. IAS consultation on the impact of IFRS in the EU LAPFF and investor coalition joint response to […]

EFRAG – call for comments on draft endorsement advice on IFRS 9

LAPFF has responded to the draft endorsement advice by the European Financial Reporting Advisory Group (EFRAG) on the proposed replacement of EU-IAS 39 with IFRS 9. LAPFF believes that EFRAG has been lacking objective and transparent legal criteria for assessing the true and fair view principle of the law for IFRS endorsement and as a […]

LAPFF response to FSA re UK Listing Authority

Group submission supporting the upholding of minority rights and proposing amendments to listing rules for additional investor protection, April 2012. LAPFF response to FSA re UK Listing Authority   BIS Consultation on Executive Pay and Shareholder Voting Rights LAPFF expresses its views on shareholder voting rights and a binding vote on executive remuneration, April 2012. […]

MC Reliable accounting

2019 Reliable accounts IPE: 12 March 2019 | UK to replace audit regulator after damning review IPE: 7 June 2019 | LAPFF blames ‘defective’ accounting rules for 2008 Irish banking crisis 2018 Reliable accounts IPE:18 December 2018 | Kingman review proposes replacing FRC with new, stronger regulator Financial Times : 13 November 2018 | Big […]

PR_reliableaccounting

2016 1st Sept 2016 | “Disregard the FRC. The government did not back the financial regulator” says LAPFF to Chairs of FTSE 350 companies   2015 1st Sept 2015 | LAPFF Calls on MEPS to Safeguard Shareholders and Block Defective Banks’ Accounting Standard Further Legal Opinion from Bompas QC Challenges FRC Position   2014 13th […]

Disregard the FRC. “The government did not back the financial regulator” says LAPFF to Chairs of FTSE 350 companies

FOI reveals the government refused to back the Financial Reporting Council’s position, despite claims it had FOI reveals the government refused to back the Financial Reporting Council’s position, despite claims it had.   LAPFF has been challenging the regulator the Financial Reporting Council (‘FRC’) for the last 4 years, raising questions as to whether it […]

FRC Consultation – Auditing and ethical standards implementation of the EU Audit Directive and Audit Regulation

FRC Consultation – Auditing and ethical standards implementation of the EU Audit Directive and Audit Regulation LAPFF does not support any further powers being given to the FRC without substantial governance reform of the FRC resulting in demonstrable independence of the FRC from the auditing profession, and has written to BIS accordingly. LAPFF response to […]

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