None of the closures has been made public but they have caused ripples in local market as they represent a severe blow to the firms' ambitions in the region.
October 13, 2022 at 11:53 AM
6 minute read
Asia Editor
The original version of this story was published on Law.com International
The Big Four auditing giants have quietly shut down their legal affiliations in China following intense regulatory scrutiny, according to an investigation by Law.com International, in a major development for Asia’s legal industry.
PwC and Deloitte confirmed they have closed their associated Chinese law firms. KPMG and EY have also closed, according to people with knowledge of the matter, and both no longer have operational local law firm websites.
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