New accounting standards regulations came into force on 1 October which allow parent companies listed on stock exchanges in the US or Japan who wish to relocate to the UK up to four years to convert to using UK GAAP or IFRS for their parent company accounts.  These regulations apply to financial years beginning on 1 January 2015 and are due to expire in 2022 and extend the already existing regime which was due to expire at the end of this year. The regulations can be found here.