Sanctions against Ernst & Young LLP and Richard Wilson

News ESG Sanctions & Fines

Date: 10th Apr, 2025 Source: Financial Reporting Council (FRC) Country: United Kingdom Original Source

Brief

On March 10, 2023, the Financial Reporting Council (FRC) issued a Final Settlement Decision Notice under the Audit Enforcement Procedure. The FRC imposed sanctions on Ernst & Young LLP and Richard Wilson for serious breaches of auditing standards in relation to the audits of Thomas Cook Group plc for the financial years ended September 30, 2017 and 2018.

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Financial Reporting Council (FRC)

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Sanctions against Ernst & Young LLP and Richard Wilson

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Sanctions against Ernst & Young LLP and Richard Wilson

Brief

Financial Reporting Council (FRC)

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