German regulator sanctions EY over Wirecard scandal

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German regulator sanctions EY over Wirecard scandal
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Auditor banned from taking on new audits for companies of public interest for two years

The logo of Ernst & Young is seen at a branch in Zurich, Switzerland. File photo: REUTERS/ARND WIEGMANN

EY said it had been informed by APAS that an investigation into the company had been completed, but that it had not been briefed on the details of the decision.

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