<div>UPDATE 1-UK's financial watchdog to probe M&C Saatchi after accounting scandal</div> <!-- no image --> <div>M&C Saatchi Plc said on Friday Britain's financial watchdog had started an investigation after the advertising agency revealed an accounting scandal last year.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=URCAXMe-mTI:TZaeCvro13w:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=URCAXMe-mTI:TZaeCvro13w:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=URCAXMe-mTI:TZaeCvro13w:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=URCAXMe-mTI:TZaeCvro13w:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=URCAXMe-mTI:TZaeCvro13w:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/URCAXMe-mTI" height="1" width="1" alt=""></div> Posted by Reuters