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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

UK watchdog investigates eight years of Deloitte audits of mining firm Glencore

A Deloitte sign on a building
The FRC is looking into Deloitte’s audits of Glencore and its subsidiary Glencore Energy UK for the financial years ending 2013 to 2020. Photograph: Dan Himbrechts/AAP

The accounting firm Deloitte is under investigation by the sector regulator over eight years of its audits into the FTSE 100 commodities and mining company Glencore and a UK subsidiary.

The Financial Reporting Council (FRC) said it was looking into whether Deloitte’s audits of Glencore and its subsidiary Glencore Energy UK for the financial years ending 2013 to 2020 “gave sufficient consideration to the risk of non-compliance with laws and regulations”.

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