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The audit watchdog's conduct committee made the decision to investigate on 15 June

People Correspondent

The Financial Reporting Council kicked off an investigation into Saffery Champness over its audit of now collapsed supply chain finance firm Greensill Capital.

In a statement on 28 June, the regulator said the decision to investigate the firm's audit for the year ended 31 December 2019 was taken at a meeting of its conduct committee earlier this month.

FRC to investigate Saffery Champness for Greensill audit

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

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