Mark Babington is the Executive Director of Regulatory Standards at the Financial Reporting Council (FRC).
He leads the division responsible for the FRC’s technical and public policy work covering; audit, corporate reporting, sustainability and narrative reporting; corporate governance and stewardship; actuarial and digital reporting and taxonomies.
Since 2022, Mark has been a member of the International Ethics Standards Board for Accountants (IESBA) which sets the global Code of Ethics for the accountancy profession, and chairs IESBA’s Sustainability Task Force, tasked with developing revisions to the International Independence Standards. He also represents the FRC on the International Sustainability Standards Board’s Sustainability Standards Advisory Forum.
Mark has previously served as a Board Member and Audit Committee chair to the Westminster Foundation for Democracy, the UK public body dedicated to supporting democracy around the world.
Prior to joining the FRC’s Executive Committee, Mark led the FRC’s UK Audit Policy programme, to set measures to support greater competition in the UK audit market and work to support the reform of international standard setting for auditors, by global regulatory authorities.
Before he joined the FRC, Mark had a twenty-year career in audit and was a Director at the UK National Audit Office.