Quarterly report shows watchdog will issue fewer consultation documents to focus more on monitoring the markets
The accountancy watchdog is to do less consulting and spend more time listening to the reaction of the markets to the difficulties they face in governance and financial reporting in the first part of 2009.
The statement came as the Financial Reporting Council issued its latest quarterly report covering the last three months of 2008.
But Paul Boyle, chief executive of the FRC, said there would be a change of tack.
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