UPDATE 1-Deloitte loses appeal in MG Rover disciplinary case

Newswire

By Huw Jones LONDON, July 29 (Reuters) - Accountancy firm Deloitte has lost its appeal against a regulatory ruling that it failed to manage conflicts of interest in its advice to MG Rover Group and the "Phoenix Four" directors who bought the British carmaker before it collapsed. Deloitte said on Monday the decision could have wider implications and force all accountants to examine what advice they can give. It will sound out business and ...

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