UK accounting watchdog to probe PWC's audit of investment trust Digital 9

April 9 (Reuters) - Britain's accounting watchdog on Thursday opened a probe into PricewaterhouseCoopers' financial audit of UK-based investment trust Digital 9 Infrastructure DGI9.L for the fiscal year ended December 2023.

The investigation will be conducted by the Financial Reporting Council's (FRC) enforcement division under the audit enforcement procedure, the regulator said.

“We will cooperate fully with the FRC in its enquiries. Audit quality is of paramount importance and we are committed to delivering high-quality audits," a PWC spokesperson said in an emailed statement to Reuters.

PWC was Digital 9's external auditor since its listing on the London bourse in 2021, until the firm decided to wind down in early 2024 after a few years of poor returns and governance issues.

Digital 9 did not immediately respond to a Reuters request for comment.