The Guardian23 jun 2026Markt
Automatisch samengesteld met AI uit de vermelde bronnen
The FRC fined King & King and its managing partner Milankumar Patel a total of £378,184, issued a severe reprimand, and imposed audit restrictions after finding the six-partner firm failed to identify self-interest when it conducted more than 140 audits of GFG Alliance companies between 2018 and 2020. Nearly 41% of the firm’s 2021 revenues came from GFG entities, far exceeding the 15% single-client cap the FRC has since clarified applies to a collection of entities with the same beneficial owner.