During an audit’s independence and compliance check for a client (ABC Ltd), the Risks and

During an audit’s independence and compliance check for a client (ABC Ltd), the Risks and Ethics team has found the following information. It is now May 2022 and the upcoming audit is due for the financial year ending 30 Jun 2022.
A junior auditor who is involved in the current audit engagement has disclosed that his brother was previously employed as a Finance Manager at ABC Ltd
The Audit partner for the current audit engagement has disclosed that his wife purchased shares in ABC Ltd in Feb 2022.
A Corporate Finance Partner of the firm has disclosed that ABC Ltd previously asked them to assist with a project regarding ‘valuation of development assets.’
For each point above, identify and explain the threat to independence and recommend appropriate action (if any) to be taken in response to the threat.