Latest Financial Reporting Council News

Bonn, Germany June 15, 2020. Payment card belonging to the Revolut electronic bank on a black background, macro shot, mobile banking. — Stock Editorial Photography

Business 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.