Observations
Feb 28, 2024The liquidators of now-collapsed Chinese property group Evergrande are preparing to sue PwC for alleged negligence in its audit work for the firm, as reported by the Australian Financial Review.
Compendium
May 15, 2022The Senior Managers and Certification Regime (SMCR) has been in place in the UK since 2016. It has provided a model for the subsequent introduction of new individual accountability regimes in Hong Kong (the Manager-in-Charge regime, 2016), Australia (the Banking Executive Accountability Regime, 2018, soon to be replaced by a more extensive Financial Accountability Regime), and Singapore (Guidelines on individual accountability and conduct, 2021), ... (cont)