PwC to face misleading conduct claim over advice to Chinese lender

Accounting 2021-08-17 11:46 pm By Cat Fredenburgh | Melbourne

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A judge has found PwC should face a claim that it engaged in misleading and deceptive conduct while assisting Chinese lender Aoyin with its planned launch in Australia by failing to properly advise the company there was a risk its shareholders did not comply with APRA’s ‘fit and proper’ requirement.

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