PwC accepted that they failed to follow FSA’s Client Asset Rules and they have to pay a fine of £1.4m and a minimum of £22,051 in costs for disciplinary failings i am glad to hear that even big companies fail and they are fined for it.Though i think it is nothing big for them.
http://www.accountingweb.co.uk/article/pwc-fined-%C2%A314m-jp-morgan-breaches/522836
PwC fined for not following FSA’s Client Asset Rules
(3 posts) (2 voices)-
Posted 4 months ago #
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You are right they were investigated last year when they failed to diagnose the Barclays’ failure to segregate client money over an eight-year period.
Posted 4 months ago # -
One more thing admin please i am not able to login via facebook on this forum please sort it out
Posted 4 months ago #
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