SUSEP fines independent auditing firm and its auditors for inept audit

News Financial services Sanctions & Fines

Date: 31st Oct, 2024 Source: Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP) Country: Brazil Original Source

Brief

"On October 31, 2024, the Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP) issued an update regarding SUSEP fines independent auditing firm and its auditors for inept audit. The PricewaterhouseCoopers Auditoria Independente (PWC) was found guilty of inadequate audits, resulting in fines totaling over two million reais, with the possibility of further recourses."

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Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP)

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SUSEP fines independent auditing firm and its auditors for inept audit

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SUSEP fines independent auditing firm and its auditors for inept audit

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Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP)

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