The Financial Reporting Council (FRC) has released the 2026 UK Taxonomy Suite, marking the latest update in digital reporting infrastructure for the UK and Ireland.
The UK’s Financial Reporting Council (FRC) has released a thematic review offering practical insights for smaller listed companies seeking to strengthen their corporate reporting.
This week the UK’s Financial Reporting Council (FRC) launched a discussion paper outlining proposed technical changes to the UK XBRL Taxonomy Suite. The paper invites input from across the digital reporting ecosystem as the FRC looks to modernise its taxonomy architecture.
This UK’s National Audit Office (NAO), in collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW), recently published new guidance on how governments can harness financial reporting data for more effective decision making.
The UK’s Prudential Regulation Authority (PRA) has opened consultation on plans to cut regulatory reporting burdens for banks. Announced on 22 September 2025, the proposals would delete 37 templates inherited from European Union rules, mainly covering financial reporting.
The UK is set to close a major digital gap in financial reporting. From 1 April 2027, all private and public company accounts must be filed via commercial software, under new measures introduced by the Economic Crime and Corporate Transparency Act.
Auditing in the age of artificial intelligence (AI) has seen a watershed moment with the UK Financial Reporting Council’s (FRC) release of sign-of-the-times guidance on documenting and deploying AI tools.
The UK Financial Conduct Authority (FCA) has unveiled its boldest move yet to support AI in financial services: a new “Supercharged Sandbox” developed in partnership with tech heavyweight NVIDIA. Announced earlier this week, the initiative gives firms a secure space to experiment with artificial intelligence—equipped with top-tier computing power, better data, and tailored regulatory guidance.
The UK Financial Conduct Authority (FCA) continues its crusade against regulatory red tape. On 6 June, the regulator proposed cutting down additional regulatory returns, aiming to ease the reporting load on firms and bolster economic growth.
AI is coming fast—and so are the questions. Who’s responsible when it goes wrong? What’s good practice in a sea of grey areas? And how do we harness the tech without losing public trust?
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