The U.K.’s Financial Reporting Council (FRC) fined audit firm MacIntyre Hudson (MHA) and two employees for breaching the agency’s requirements.

MHA will pay 120,250 pounds (U.S. $156,000), former partner Deborah Weston 19,500 pounds (U.S. $25,300), and former employee Geeta Morgan 18,750 pounds ($24,300), for violating the FRC’s Audit Enforcement Procedure for work conducted in 2018 and 2019, the agency announced Tuesday in a press release.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...