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Audit

PwC and EY fined over LC&F audits

LC&F collapsed into administration on 30 January 2019, owing about £237m to 11,625 individual bondholders

Big Four firms PwC and EY have been fined by the FRC over their audits of collapsed minibonds firm London Capital and Finance (LC&F).LC&F collapsed into administration on 30 January 2019, owing about £237m to 11,625 individual bondholders. 

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