Audit majors swoop in on legal eagles to lift one-stop services

Tie-ups with senior lawyers in Singapore come amid calls in UK for Big Four accounting firms to be split up over lack of audit independence

Published Mon, Jul 23, 2018 · 09:50 PM

Singapore

ACCOUNTING firms in Singapore are beefing up their legal services to evolve into one-stop shops for businesses, with EY Singapore being the latest to partner a senior lawyer to add to its growing legal network.

Industry watchers have also pointed out that the expansion into legal work by accountancy firms may bring about challenges in managing conflicts of interest across audit, legal and advisory functions.

Evelyn Ang, previously a senior partner at Dentons Rodyk & Davidson, has set up Atlas Asia Law Corporation, which will join EY's global network as an independent member firm, EY confirmed to The Business Times on Monday.

Her LinkedIn profile states that she was with Dentons Rodyk & Davidson for more than seven years, and that she set up Atlas Asia Law this month. Prior to her role at Dentons Rodyk & Da…

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