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PwC and EY handed multimillion-pound fines for London Capital & Finance audits

City A.M. Tuesday, 7 May 2024 ()
Three firms, including PwC and Ernst & Young (EY), have been handed fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm which took money from almost 12,000 investors before collapsing in 2019.
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