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UK accounting watchdog governance in "poor state", says chairman designate

by Reuters
Tuesday, 25 January 2022 10:45 GMT

LONDON, Jan 25 (Reuters) - It was "sad to see" that the governance of Britain's accounting watchdog was in such a "pretty poor state", its chair designate Jan du Plessis said on Tuesday.

"The governance is in a pretty poor state," du Plessis told an appointment hearing held by parliament's business committee.

If his appointment was confirmed, du Plessis told lawmakers that his first task would be to address governance at the top of the FRC. (Reporting by Huw Jones; Editing by Alex Richardson)

Our Standards: The Thomson Reuters Trust Principles.

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