PwC’s China Unit Suspended for 6 Months, Hit With Record Fine for Evergrande Audit

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Insurance Journal - Sep 13, 2024

Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit of troubled property developer China Evergrande Group. Delivering a strong …...

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