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AuditRegulators

FRC fines MHA £150k over MRG audit failures

The respondents all co-operated with the FRC’s investigation and admitted the breaches

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The executive counsel of the Financial Reporting Council (FRC) has fined MacIntyre Hudson LLP (MHA) and a former partner and employee, £158,000 in relation to the statutory audit of the financial statements of MRG Finance UK for the financial period ending 31 December 2018 and the financial year ended 31 December 2019.

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