UK Gov't Names Team To Review Under-Fire Audit Watchdog

Law360, London (May 18, 2018, 11:34 AM BST) -- The U.K. government appointed a team on Friday to oversee a review into the national accounting regulator’s governance and powers, days after lawmakers slammed the watchdog for its "feebleness and timidity" and failure to deter "sloppy auditing."

The government has named a board that will support a review into the embattled watchdog, which aims to ensure it is “fit for the future.” (AP) The Department for Business, Energy and Industrial Strategy has appointed 11 members to an advisory board that will support a review into the...
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