[skippyboxedhero]

It is also worth pointing out the original article also accompanied an implicit threat to take their company to the US if they weren't given a banking licence immediately.

The stuff with the accounts already existed, apparently the regulators found these issues when examining their suitability for the licence (I have read from sources online that there is a very significant issue with revenue recognition, as in a percentage of revenue significantly above 50% couldn't be matched in their systems), but the resignations came after they went to the media and tried to bounce the BoE into giving them a licence (spoiler: what the CFO is quoted as saying it is total bollocks, they aren't close to getting a licence).

The media furore in the UK from execs about insufficient levels of executive pay unfortunately has created the space for opportunism like this.