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Shenanigans in Siberia: the Petropavlovsk Saga and Why Retail Investors Matter

One of UKSA’s key beliefs, as well as ShareSoc’s, is that private investors are important and their voice needs to be heard. The current, for want of a better word, shenanigans, at Petropavlovsk (POG) gives private investors a key role in determining the future of a company. Peter Parry from UKSA and Paul de Gruchy from ShareSoc take up the story. Paul is a shareholder in Petropavslovsk and notes that it is one of his favourite shares for trading.
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Response to FRC discussion on using technology to enhance audit quality

Back in March 2020, in the context of various audit reform reviews and to help with their audit policy, the FRC felt the need to open up the discussion on the use of technology in audits to a wider range of stakeholders than regulators, standard setters and audit practitioners. UKSA and ShareSoc thought it was important to respond to this consultation from the point of view of a main consumer of statutory audits, private investors in shares in companies. UKSA’s and ShareSoc’s response, which was submitted to the FRC on 17th July 2020, can be found here.

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Collapse of Wirecard

Better Finance, the European Investors' Federation, characterised the Wirecard collapse on Wednesday as 'an outrageous case of corporate governance, external auditing and regulatory failures', putting forward several policy recommendations for EU authorities.

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UKSA's Annual General Meeting will be held online on Sunday 14 June 2020 at 2.30pm. If you are a member but have not yet received an invitation, please contact the office via email -

It is planned to hold a social gathering for members later in the year.

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UKSA introduces Associate Membership

UKSA is introducing a new category of membership. Associate Membership is free. It’s a great way to get to know UKSA without having to make any financial commitment.

Applying for Associate Membership is easy. All you need to do is enter your name and e-mail address on the joining page here. Pass on the news to your friends and colleagues.

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Renew your membership

Renewing your UKSA membership is quick and easy, ensuring uninterrupted access to all the advantages of membership.

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