UK watchdog launches probe into PwC audit of digital 9 infrastructure

Thursday 09 April 2026 - 07:45

The Financial Reporting Council has opened an investigation into the audit conducted by PwC on Digital 9 Infrastructure, highlighting growing scrutiny over audit quality in the United Kingdom.

The probe focuses on the financial year ending in 2023 and will be carried out under the regulator’s enforcement procedures. Authorities aim to determine whether auditing standards were properly applied and whether financial reporting accurately reflected the company’s position.

Digital 9 Infrastructure, an investment trust specializing in digital assets such as data centers and connectivity infrastructure, has faced challenges in recent years. Performance concerns and governance issues have raised questions among investors and regulators alike.

PwC, which served as the company’s external auditor since its market listing, has stated that it will cooperate fully with the investigation. The firm reiterated its commitment to maintaining high audit standards, emphasizing the importance of transparency and accountability in financial reporting.

The case reflects a broader trend of increased regulatory oversight in the auditing sector, particularly following concerns about corporate governance and financial disclosures. Regulators are seeking to reinforce confidence in financial markets by ensuring that audit processes remain rigorous and reliable.

Market analysts suggest that the outcome of the investigation could have implications not only for the companies involved but also for the wider auditing industry, as authorities continue to tighten standards and enforce compliance.