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Deloitte's audit of Glencore comes under UK investigation

( July 23, 2025, 09:52 GMT | Official Statement) -- MLex Summary: The UK's audit regulator has opened an investigation into Deloitte's audit of Glencore plc and its subsidiary Glencore Energy UK Limited for the financial years ended Dec. 31, 2013 to Dec. 31, 2020. Glencore plc and its UK subsidiary have been subject to investigations by government agencies into misconduct. The Financial Reporting Council said that the decision to investigate Deloitte was made on March 18. The FRC will look at "whether Deloitte gave sufficient consideration to the risk of non-compliance with laws and regulations," the watchdog said.Statement follows....

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