Topic: Audit

SEC to prioritise ephemeral messaging and ESG misstatements, enforcement director says

Gurbir Grewal also provided more guidance as to how the securities regulator approaches noticing companies that they are facing a possible enforcement action.

22 September 2023

SFO hits four individuals with fraud charges over Patisserie Valerie collapse

The Serious Fraud Office has accused four individuals of cooking the books in connection with the collapse of UK bakery chain Patisserie Valerie.

13 September 2023

BaFin halts payments at Varengold over Iran concerns

Germany’s financial regulator has ordered Hamburg-based bank Varengold to stop processing certain transactions until its anti-money laundering systems meet legal requirements.

04 August 2023

Hit-and-miss cooperation sees PwC fined £5.5 million for Babcock audit failures

The UK’s accounting regulator has criticised Big Four consultancy PwC for failing to provide “timely and accurate” responses during an investigation into the firm’s audits of defence company Babcock.

08 March 2023

FRC closes final Serco audit investigation

21 February 2023

FRC investigates audit of Russian fintech’s holding company

18 January 2023

Austrac orders AML audits at two betting companies

03 November 2022

Regulator fines former Rabobank US executive for obstruction

A US financial regulator has fined the former CEO of Dutch lender Rabobank’s California arm $20,000 for refusing to hand over documents during an audit of the bank’s anti-money laundering procedures.

19 August 2022

PwC to pay £1.75m for BT audit failures

08 August 2022

FRC rakes in its largest ever amount of financial penalties

The UK’s accounting regulator has broken its personal record for the total value of fines it has handed out in the past financial year.

28 July 2022

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