21 June, 2021
12:30 pm - 1:30 pm BST
Join this webinar to hear from Jonathan Lucas-Lucas, Partner at PwC, on the recent BEIS consultation and the significant upcoming changes to the internal controls regime in the UK. Hear how this may affect your business and what you should be doing now to prepare.
On 18 March, the Government (BEIS) published its long-awaited consultation on reforms aimed at “restoring trust in audit and corporate governance”, as a response to the Kingman, Brydon and CMA reviews. The consultation sets out a broad programme of reform for auditors, companies, directors, audit committees, investors, other stakeholders and the regulator, including a proposal that the UK should adopt a strengthened internal controls regime - similar to the US Sarbanes-Oxley regime, which would require directors to attest to the effectiveness of internal controls over financial reporting.
Jonathan will set out how this proposal will likely impact UK businesses, the challenges and complexities that will be faced, and the key questions that UK businesses should be asking themselves now.
Jonathan Lucas-Lucas, Partner
Jonathan is leading PwC’s response to the future UK internal controls requirements and supports organisations in controls transformation and optimisation programmes in order to meet regulatory requirements and deliver efficiencies through technology and controls simplification. Jonathan has more than 16 years experience supporting clients across a range of industries in their controls and compliance journeys. Jonathan has led global US SOx programmes for several FTSE 100 organisations across several industries.
Rob Pugsley, Senior Manager
Rob is is a core member of the team leading PwC’s response to the UK internal controls requirements and has over 9 years of experience supporting organisations across the listed private and public sector. He has led a number of financial control framework implementations in both a US SOx capacity and alongside business transformation, for global and UK based organisations.