UK Regulator FRC Flags Big Four Over Offshoring Of Complex Audit Work
The UK’s Financial Reporting Council (FRC) has raised concerns over the growing use of offshore teams by the Big Four accounting firms for audit work involving professional judgement.
US Insurance Regulators Review Investment Structures Used By Apollo & KKR
US insurance regulators are examining investment structures used by private capital firms, including Apollo and KKR, over concerns about transparency and interconnected risks.
