FRC Publishes its Proposals for its Levy on Companies for 2005/06

The Financial Reporting Council (FRC), the UK’s unified, independent regulator for corporate reporting and governance, has today published its proposals for its levy on companies for 2005/06.

The FRC took on significant additional responsibilities on 1 April 2004 as recommended in the Government’s reviews of the regulatory regime following the Enron and WorldCom scandals in the US.

See full Press Release.