Financial Times - EY banned from German audit work for two years after Wirecard scandal

Summary of the front page

The Financial Times reports that EY has been banned from taking on any newly listed audit clients in Germany for two years over failures in its work for collapsed payments company Wirecard. Germany’s audit watchdog, Apas, also announced a €500,000 (£439,000) fine for EY, the paper reports.

The front page pictures electric scooters and reports Paris is to ban e-scooters after a poll revealed most want the mode of transport outlawed. 

Today's top stories

US and Israeli Airstrikes Lead to High Casualties in the Gulf

US and Israeli Airstrikes Lead to High Casualties in the Gulf

MIDDLE EAST CONFLICT UPDATE

This morning, the escalating tensions in the Middle East following recent attack on Iran has increased the price of energy by 30% and catastrophic the significant humanitarian impact.
Most European States are assessing how to support their allies in the Gulf and prepare for potential fallout from diplomatic and security failures.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement