Hong Kong court orders EY to produce China client audit papers
Hui Zhi
June 3, 2014
A Hong Kong court ordered Ernst & Young to hand over audit papers related to a former Chinese client to securities regulators investigating potential accounting irregularities.
Hong Kong’s Securities and Futures Commission (SFC) filed a lawsuit against EY in 2012 following the firm’s refusal to produce audit papers of mainland-based water provider Standard Water Ltd.… Continue Reading