By Huw Jones LONDON (Reuters) – Britain’s auditing regulator will propose as soon as later this week to strengthen its ability to punish poorly performing auditors of publicly listed companies, a person familiar with the matter said on Monday. The Financial Reporting Council (FRC) is due to propose “reclaiming” authorisation powers over audit firms such as EY, KPMG, Deloitte and PwC and their audit partners that were delegated to the accounting industry’s professional bodies. The government wants to create a stronger accounting watchdog to raise standards of audit after corporate collapses at …