The UK's Financial Reporting Review Panel (FRRP) is likely to step in to the row over Cable & Wireless' belated disclosure of a £1.5bn (€2.3bn) contingent liability, according to a leading institutional shareholder.

The UK's Financial Reporting Review Panel (FRRP) is likely to step in to the row over Cable & Wireless' belated disclosure of a £1.5 bn (€2.3bn) contingent liability, according to a leading institutional shareholder.