Investigation into PwC for its audit of Wyelands Bank plc
28 June 2021
The Financial Reporting Council (“FRC”) has commenced an investigation into PwC LLP in relation to its audit of the consolidated financial statements of Wyelands Bank plc for the year ended 30 April 2019.
The decision was made at a meeting of the FRC’s Conduct Committee on 15 June 2021.
The investigation will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure.