5 October, 2017

Investigation into PwC’s client asset reporting at Barclays closes

Accountancy’s watchdog has closed a three-year investigation into Barclays’ auditor PwC, after deciding there was “not a realistic prospect” of winning a tribunal. The Financial Reporting C...
banks, Bank of England, regulation

11 July, 2017

Boards should be keeping banks to ‘spirit of regulation’, says regulator

One of the most senior figures at the Bank of England has warned that some banks are involved in accounting practices that amount to "pure regulatory arbitrage". Sam Woods, deputy governor and chie...