FRC sets out vision for modern and effective regulation

Skip to main content Home News and events News FRC sets out vision for modern and effective regulation News types: Published: 3 September 2026 The Financial Reporting Council (FRC) has today published an update to Our Approach to Regulation, setting out how the FRC’s regulatory approach will continue to support growth, build trust and drive confidence in UK markets. ‘Our Approach to Regulation’ reinforces the FRC’s commitment to serve the public interest through targeted, effective and agile regulatory activity. This approach seeks to recognise the FRC’s role within the broader regulatory eco-system and outline how the FRC carries out its regulatory duties and engages with stakeholders to build trust, enhance public confidence, and create the conditions for sustainable economic growth. The FRC’s regulatory approach centres on: The document sets out how the FRC’s operations, activities and functions work together to maintain confidence in the UK’s corporate governance, corporate reporting, audit, and actuarial sectors. It demonstrates how the FRC is embedding the principles of good regulation set out in the Regulators’ Code and utilising its regulatory tools to safeguard trust while enabling growth. The UK’s regulatory framework is a strategic national asset. Our approach sets out a clear vision for modern regulation: targeted where risks are greatest, proportionate where action is needed, and responsive to a rapidly changing environment. In doing so, we can support growth while maintaining the confidence on which markets depend. We embed the principles of the Regulators' Code by building trust, balancing protection with progress, and using our regulatory tools in a coordinated and proportionate way. Our approach to regulation creates a framework that supports growth, accountability and confidence across the corporate reporting ecosystem. Read Our Approach to Regulation