Who guards the guards in the financial services industry?
Comment The FCA is watching: The regulator is expecting full disclosure from audit firms or expect financial penalties – Credit: Macedo Media For the lovers of Latin and political philosophy, the phrase ‘Quis custodiet ipsos custodes?’ or in plain English…
FCA fines PwC £15m for failing to report suspicious activity at LCF
Expensive error: Failure to disclose fraudulent activity by audit clients could prove costly – Credit: Pixabay The Financial Conduct Authority (FCA) has fined the big 4 accountant PwC £15m for failing to escalate its concerns to the watchdog over the…
City regulator censures accountants MacIntyre Hudson over client money reporting breaches
FCA fines MacIntyre Hudson for client money breaches