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  • Regulator probes Deloitte over Glencore accounts

    July 23, 2025

    The accountancy regulator announced this morning that it has launched an investigation into Deloitte over audits related to the energy giant Glencore.

  • Shell forced to file amended US filings after EY broke audit rules

    July 2, 2025

    Shell is to file amended regulatory filings after Big Four firm EY told the energy giant it broke audit rules

  • KPMG UK and partner fined over £1m after probe into Carr’s audit

    June 12, 2025

    KPMG was hit with sanctions over an audit of a London-listed farm supplies company following the regulator's finding of "serious" breaches

  • Bankrupt council faces multi-million-pound fraud probe

    June 3, 2025

    The Serious Fraud Office has commenced an investigation into an alleged multi-million-pound fraud committed against Thurrock Council.

  • ‘Stewardship shouldn’t feel like box-ticking’ – FRC chief

    June 3, 2025

    FRC chief executive exclusively shared with City AM his main focus of overhauling its key City code was "reducing the reporting burden"

  • FRC: We will take an axe to City stewardship code, says boss

    June 1, 2025

    The Financial Reporting Council (FRC) plans to take the axe to a key City code that governs how shareholders should hold companies to account. The UK Stewardship Code was created following the 2008 financial crisis to address fears that shareholders had failed to adequately police risk-taking. Signatories are required to publicly report on their stewardship [...]

  • EY labels former head of EY Abu Dhabi a ‘fraudster’ in £2.7bn legal battle

    May 21, 2025

    EY UK's barrister described the former head of EY Abu Dhabi as "plainly a fraudster" in the openings at the £2.7bn legal battle

  • EY audit of NMC ‘was deficient in multiple respects’ says regulator

    May 19, 2025

    The High Court will hear a draft report by the FRC concluding that EY's audit of collapsed NMC "was deficient in multiple respects"

  • EY’s £2.7bn legal fight over NMC Health audits

    May 19, 2025

    A mammoth legal fight against EY over its auditing of a former London-listed health giant that collapsed after allegations of fraud starts today

  • Watchdog launches probe into EY over Post Office audits following Horizon scandal

    April 16, 2025

    The accountancy regulator has launched an investigation into Big Four giant EY's auditing of the Post Office accounts, focusing on the Horizon IT system.

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