The Financial Remedies Court (FRC) national lead judge, Mr Justice Peel, and the deputy national lead judge, His Honour Judge Hess, have announced, with the authority of the President of the Family Division, a revised ES2 template and updated explanatory notes. The ES2 (composite schedule of assets and income) was originally issued in April 2022 alongside the Statement on the efficient conduct of financial remedy hearings in the Financial Remedies Court below High Court judge level (the FRC efficiency statement). The revised version retains the familiar structure but introduces changes intended to improve clarity, usability and accessibility for all court users.

In the Financial Remedies Court Gatekeeping and Allocation Certificate This Certificate will assist the Court to allocate the case to the appropriate court and level of judge. The Applicant is invited to consult the Respondent about the responses provided. [ Please complete section 1 if your case arises out of a marriage or a civil partnership. ] [ Please complete section 2 if your case is under Children Act 1989, Schedule 1 ] [ Please complete section 3 in all cases ] Section 1 The marriage/civil partnership (‘CP’) of [Applicant] and [Respondent] 1 Outline background a. Date of [Marriage OR CP] [Date] b. Date of Separation [Date]

Family analysis: The Financial Remedies Guide (FRG) was issued by Mr Justice Peel and HHJ Hess with the approval of the President of the Family Division on 13 March 2026. This News Analysis considers its significance for financial remedy practitioners and highlights the practical points they are most likely to need immediately. The FRG is best understood as a single source of essential practice guidance rather than a wholesale change of direction because it brings together and supersedes a range of earlier guidance documents and notices, while updating them to reflect the present rules, practice directions and developments in online procedure.

The UK’s independent regulator responsible for promoting high quality corporate governance, financial reporting, audit and actuarial practice. The FRC maintains the UKCG Code, as well as a number of other codes and standards.

The UK’s independent regulator responsible for promoting high quality corporate governance, financial reporting, audit and actuarial practice. The FRC maintains the UK Corporate governance Code, as well as a number of other codes and standards.

A draft (proposed) UK accounting standard issued by the FRC.

Issued in November 1999, this sets out proposals to change the way pension fund assets and liabilities are reflected in the company accounts of the sponsoring company. It led to FRS 17 which now replaces SSAP 24.

A conduct panel of the FRC Conduct Committee with responsibilities relating to the monitoring of corporate reporting.

This Standard sets out the way pensions must be reported in company accounts.

Accounting standards previously issued by the Financial Reporting Council.

ARCHIVED: This Practice Note has been archived and is not maintained. This Practice Note outlines the key changes to UK banking reform adopted through the Financial Services (Banking Reform) Act 2013 (FS(BR)A 2013 or the Banking Reform Act). The Act made significant reforms to UK financial services regulation, including providing the powers needed by HM Treasury and the Prudential Regulation Authority (PRA) to implement the recommendations of the Sir John Vickers and the Independent Commission on Banking (ICB) on ring-fencing requirements for the banking sector. The Banking Reform Act also introduced a criminal offence of reckless misconduct in the management of a bank, a payment systems regulator (PSR), the senior managers and certification regime (SM&CR), a bail-in stabilisation option that formed part of the special resolution regime (SRR) and a cap on the cost of payday loans. Background to the Banking Reform Act On 18 December 2013, the Banking Reform Act received royal assent. There are eight Parts and ten Schedules to the Act. In particular, the Banking Reform Act gave HM Treasury

The Financial Services Act 2012 (FSA 2012) received Royal Assent on 19 December 2012 and went into effect on 1 April 2013. The Act replaced the Financial Services Authority (FSA) with two new regulators—the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA)—and created a new Financial Policy Committee (FPC) of the Bank of England (BoE). This Practice Note outlines the changes to the UK financial services regulatory framework that were introduced under the Act. FSA 2012 followed a series of public consultations. A draft Bill was published in July 2011, and was scrutinised by a Joint Committee of both Houses, which published its report on the draft Bill on 19 December 2011. The Financial Services Bill was laid before Parliament in January 2012. More information on the progress of the Bill is available on the Parliament website. The Act was implemented through secondary legislation that provided much of the detail governing the regulatory structure, for instance, how regulated activities are divided between the authorities and establishing the ‘threshold conditions’ that firms must satisfy