UK regulator fines PwC $5.8 million over 2019 audit
Published by Global Banking & Finance Review®
Posted on March 25, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 25, 2025
1 min readLast updated: January 24, 2026
PwC has been fined $5.8 million by the UK's Financial Reporting Council for its 2019 audit of Wyelands Bank.
LONDON (Reuters) - Britain's Financial Reporting Council has imposed a sanction of 4.5 million pounds ($5.8 million) on accounting giant PwC in relation to the audit of Wyelands Bank for its 2019 financial year, the regulator said in a statement on Tuesday.
($1 = 0.7744 pounds)
(Reporting by Sachin Ravikumar, editing by Sarah Young)
The article discusses PwC being fined $5.8 million by the UK's Financial Reporting Council for its 2019 audit of Wyelands Bank.
PwC was fined due to issues related to its audit of Wyelands Bank for the financial year 2019.
The fine was imposed by Britain's Financial Reporting Council.
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