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Financial Reporting Council

UK regulator accuses Revolut of ‘material misstatement’ in audit report

Steve Kaaru

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8 September, 2022

UK regulator accuses Revolut of ‘material misstatement’ in audit report

The Financial Reporting Council says Revolut’s auditing had an “unacceptably high risk of material misstatement” amid cost-cutting under Project Prism.

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