Audit firm fined $100,000 by Abu Dhabi's ADGM regulator

The National ·
United Arab Emirates

The Registration Authority of ADGM has imposed fines totalling $100,000 on an audit firm at Abu Dhabi's financial centre over regulatory failings. The action was taken against PKF Accountants and Business Advisers, an ADGM-registered audit firm, and its registered audit principal, Saranga Lalwani, the authority said in a statement on Friday. It has imposed a fine of $65,000 on PKF and $35,000 on…

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