National Financial Reporting Authority powers expanded with stronger discipline, delegation, enforcement, and expert support framework. Section 132 is amended to expand the National Financial Reporting Authority's corporate status, governance powers, disciplinary jurisdiction, and enforcement framework. The Authority is made a body corporate, its reach is extended to bodies corporate, and the Chairperson and executive body are given clarified delegation powers. The amendment also broadens misconduct-related orders, creates penalties for non-compliance or non-payment, validates proceedings despite certain defects, and authorises engagement of experts and professionals through regulations.