EY Germany has reportedly been banned from taking on new audits for major companies for two years by the German accounting watchdog Apas over the Wirecard scandal.

The firm has also been fined €500,000 over the scandal, according to German business publication Handelsblatt.

READ EY rivals eye talent amid split crisis: ‘A lot of partners are...

EY Germany banned from new audits for two years over Wirecard scandal

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