Andrew Tyrie asks Financial Reporting Council chair whether there will be independent oversight of regulator’s workThe chairman of the Treasury committee has stepped up the pressure on the accounting watchdog over its examination of KPMG’s auditing of the failed bank HBOS.
Andrew Tyrie has written to Stephen Haddrill,the chief executive of the Financial Reporting Council, asking how the regulator decided on the terms of reference for its inquiries into KPMG’s conduct and whether there will be independent oversight of the FRC’s work.
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Source: theguardian.com