This week's edition of Corporate weekly highlights includes: the FRC publishing (i) its Annual Review of Corporate Reporting for 2024/2025 and (ii) four consultations which propose, among other things, changes to the FRC’s audit enforcement procedure, two key auditing standards and three auditor reporting standards and a Court of Appeal case, Kulkarni v Gwent Holdings Ltd, looking at the meaning and contractual effect of the phrase ‘capable of remedy’ and whether a repudiatory breach of a clause is incapable of remedy.