Alt lending Week Ended 1st July 2022

Originally published at: https://dailyfintech.com/2022/07/01/alt-lending-week-ended-1st-july-2022/

Crazy decision making at UK’s Audit Watchdog As if to demonstrate the appalling way in which some quangos operate in the UK the Financial Reporting council (FRC) that regulates accountants, auditors and actuaries has concluded a deal with EY to advise on a new classification scheme for insurance contracts. Not surprisingly the decision has raised…