FRC Ethical Standard: Persons closely associated
Technical helpsheet explaining who would be considered to be a relative or member of a household, for the purposes of the FRC Ethical Standard (2016).
Issued: January 2017
Last reviewed: October 2019
This helpsheet has been issued by ICAEW’s Technical Advisory Service to help ICAEW members interpret the definition of ‘person closely associated’ in the FRC Ethical Standard.