The U.K. Financial Reporting Council (FRC) announced Monday it has opened an investigation into Ernst and Young’s audit of the 2018 financial statements of NMC Health, a healthcare provider based in the United Arab Emirates that’s currently under investigation for accounting fraud.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...