Jun 16, 2020 High Court decides auditors – not audit clients – are to assess whether documents are privileged and can be withheld from the FRC By Lucy Isaac An auditor producing documents to the Financial Reporting Council (the FRC) must make its own assessment of whether those documents are...
Feb 19, 2020 Reversal of the bombshell: the UK's FRC is not entitled to compel privileged documents By Ali Kirby-Harris Audit firm clients (and audit firms themselves) may breathe a – cautious - sigh of relief. In September 2018, the English High Court made...
Sep 17, 2018 Another bombshell on privilege - and interesting repercussions for auditors / audit clients By Ali Kirby-Harris No sooner has the dust settled on the ENRC decision, than the High Court delivers another sizzler… developing the law on privilege...