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FRC issues sanctions against audit firms for failures in LCF audits

FRC issues sanctions against audit firms for failures in LCF audits
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United kingdomCity ofJamie symingtonNeil parkerJessica millerGemma benjaminRichard moriartyOliver clive co limitedErnst youngFinancial reporting councilPrudential regulation authorityFinancial conduct authorityOliver cliveLondon capitalRelevant requirementsAudit quality

London Capital & Finance auditors PWC and EY fined over £4m each for serious breaches

London Capital & Finance auditors PWC and EY fined over £4m each for serious breaches
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United kingdomCity ofJamie symingtonUnited kingdom financial reporting councilFinancial conduct authorityLondon capital financePublic limited companySerious fraud officeOliver clive coFinancial reporting councilLondon capitalOliver cliveFinance limited

PwC and EY handed multimillion-pound fines for London Capital & Finance audits

Three firms, including PwC and Ernst & Young, have been handed fines by the accounting watchdog for their audits of London Capital & Finance.

City ofUnited kingdomGemma benjaminJessica millerLars mucklejohnNeil parkerJamie symingtonFinancial reporting councilOliver clive coSerious fraud officeLondon capitalOliver cliveFinancial reporting

PwC and EY fined for audits of failed minibond firm LCF

PwC and EY fined for audits of failed minibond firm LCF
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City ofUnited kingdomJamie symingtonGemma benjaminJessica millerNeil parkerFinancial reporting councilFinancial services compensation schemeSerious fraud officeOliver clive coFinancial conduct authorityErnst youngLondon capitalOliver clive

Britain s audit watchdog issues $11 9 million fines for LCF failures

Britain s Financial Reporting Council has fined three audit firms including PWC and EY about 9.5 million pounds in aggregate for failures in their handling of London Capital & Finance , which. -May 07, 2024 at 04:37 am EDT - MarketScreener

City ofUnited kingdomDavid evansJamie symingtonDavid goodmanFinancial conduct authorityOliver clive coBritain financial reporting councilFinancial reporting councilLondon capitalOliver cliveExecutive counselReporting by sinead cruise