Investigation regarding the audit of Zaim Credit Systems plc by Shipleys LLP

News types: Investigations

Published: 18 January 2023

This Press Notice concerns the opening of an investigation into the relevant Statutory Auditor(s). The investigation does not relate to any persons other than the relevant Statutory Auditor(s) and it would not be fair to treat any part of this announcement as constituting or evidencing an investigation into any other persons or entities.

The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audit conducted by Shipleys LLP of the consolidated financial statements of Zaim Credit Systems plc for the year ended 31 December 2021.

The decision was made at a meeting of the FRC’s Conduct Committee on 13 December 2022.

The investigation will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure.

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