Financial Reporting Council: Proposals for future arrangements for funding the FRC's activities in relation to accounting, auditing and corporate governance. Comments from the Actuarial Profession

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The Actuarial Profession welcomes the opportunity of making some comments in relation to the FRC's paper. The Profession is very supportive of the work done by the FRC in relation to promoting confidence in corporate reporting and governance. Transparency of information on which to make financial decisions and good governance practices are matters in which actuaries believe passionately.