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Violation Tracker UK Individual Case
Company: KPMG Audit Plc
Current Parent Company:
KPMG
Parent at the Time of the Penalty Announcement: KPMG
Penalty: £6,000,000
Year: 2019
Date: 30 April, 2019
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: KPMG was fined £6 million, severely reprimanded and agreed to undertake an additional internal review and report to the FRC on certain aspects of its 2018 audits of insurance undertakings (to which Solvency II applies and Lloyds Syndicates).
Action Type: agency action
Agency: Financial Reporting Council
HQ Country of Parent: Netherlands
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting services
Source of Data:
(click here)