The ICAEW has written to ministers to protest against the abolishment of joint appointment responsibility by the trade secretary and the Bank of England governor. Ministers intend to make FRC chairman and deputy chairman appointments their sole responsibility.
‘The experience in the US of appointments made entirely by politicians is not a healthy one,’ said ICAEW member Stella Fearnley.
The DTI explained ministers’ decision saying ministerial appointment was appropriate in view of the ‘strong public interest’ in the FRC’s regulatory responsibilities.
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
Colin responds to the call for 'Darwinism' in accountancy
A new partner, Dermot Callinan, has joined Saffery Champness from KPMG where he was recently the head of the UK private client advisory team