Investors Cannot Sue German Regulator for Wirecard Collapse, Court Rules January 20, 2022 By Karin Matussek Investors who lost money from investing in Wirecard AG shares can’t make Germany’s financial regulator Bafin compensate them, a Frankfurt...
KPMG Sued for $600M Over Role in Insolvency of Dubai Private Equity Firm Abraaj November 12, 2021 KPMG LLP was sued for at least $600 million over its role in the insolvency of Dubai private-equity firm Abraaj...
EY Fined $4.8M by UK Accounting Watchdog Over Audit of Transport Firm Stagecoach August 25, 2021 Britain’s accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the...
UK Accounting Regulator Probes Greensill and Wyelands Bank Auditors June 28, 2021 By Huw Jones LONDON – Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands...
Deloitte Sued for Allegedly Failing to Find ‘Irregularities’ in Audits of Singapore Oil Trader June 10, 2021 By Chanyaporn Chanjaroen A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging...
Howden Acquires UK Specialist Broker Medical Professional Risk Solutions (MPRS) May 19, 2021 Howden Broking announced it has acquired Medical Professional Risk Solutions (MPRS), a specialist insurance broker for the primary care sector,...
PLUS Offers Cyber Liability Insurance Designation March 2, 2021 The Professional Liability Underwriting Society (PLUS) has launched a designation program for cyber liability professionals. The Cyber Professional Liability Practitioner...
Hudson Gains Professional Lines Renewal Rights, Experienced Team from Validus January 7, 2021 Hudson Insurance Group has completed a business transfer agreement with Validus Specialty Underwriting Services for the renewal rights transfer of...
Professional Liability Underwriters Feeling Pressure From COVID: AM Best November 13, 2020 The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many...
Former Wirecard Executive Marsalek Placed on Interpol’s Most Wanted List August 13, 2020 By Karin Matussek Former Wirecard AG executive Jan Marsalek was added to Interpol’s red notice list, sparking a worldwide manhunt for one of...