Other Company News

PwC fined £15m over failure to report London Capital & Finance suspicions

By Iain Gilbert

Date: Friday 16 Aug 2024

(Sharecast News) - The Financial Conduct Authority has fined PwC £15.0m for failing to report its belief that London Capital & Finance may be involved in fraudulent activity, marking the first time the regulator has fined an audit firm.
PwC encountered significant issues throughout its 2016 audit of LCF, with a...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page