All posts tagged "EY"
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599Australia & NZAustralia Gets New Guidance for Internal Auditors in Financial Services
The Better Practice Guide was developed by industry practitioners with APRA and ASIC serving as vocal observers and EY and KPMG providing secretariat support.
November 29, 2020 -
484EnforcementProsecutors Assess Whether EY Acted Criminally During Wirecard Audits
Germany's audit supervisor has reportedly told prosecutors that EY may have violated its legal due diligence and reporting obligations during its Wirecard audits.
November 29, 2020 -
496Big PictureHKIMR Offers Suggestions to Develop Hong Kong Green Bond Market
To encourage more active participation in the market, efforts can be made to implement tax incentives and subsidies to address the high costs of certification.
November 27, 2020 -
589EnforcementSingapore Lawyer Faces Life in Prison for Cheating, Breach of Trust
The JLC Advisors managing partner absconded with S$33.8mn in client money last year but was arrested in Malaysia. 19 new charges relate to his misappropriation of S$17.5 from another client.
October 22, 2020 -
2.1KFeatureWEF Announces Common Metrics for ESG Reporting
The metrics were developed with Deloitte, EY, KPMG and PwC in an open consultation process with corporates, investors, standard-setters, NGOs and international organisations.
September 24, 2020 -
3.7KContributed ArticleWirecard: The Biggest FinTech Success and Failure Story of All Time
Wirecard will be a compliance and audit training reference point for years to come, says compliance expert Oonagh van den Berg, recounting the warning signs in the years-long lead up to its collapse.
September 18, 2020 -
676Market InfrastructureSFA, AMTD Partner to Establish Cybersecurity Centre in Singapore
The Centre will groom talent and raise awareness of the importance of cybersecurity among digital platforms, fintechs, financial institutions and other sectors.
September 7, 2020 -
867AML / KYC
Singapore Authorities Issue First Charges in Wirecard Probe
A director of Citadelle Corporate Services is said to have "wilfully and with intent to defraud" stated false balances held in escrow on behalf of Wirecard in 2016 and 2017.
August 8, 2020 -
4.9KAML / KYC
UPDATED – Wirecard Fraud: A Timeline of Events
Wirecard has filed for insolvency amid multiple probes. BaFin faces scrutiny for mishandling clear red flags. EY faces lawsuits for failing to catch the improprieties earlier.
June 30, 2020 -
1.8KEnforcement
BaFin Efficacy Called into Question for Wirecard Handling
Last February, BaFin responded to whistleblower allegations and critical media reports by banning short-selling in Wirecard and filing criminal charges against journalists.
June 22, 2020
