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Violation Tracker UK Individual Case
Company: KPMG LLP
Current Parent Company:
KPMG
Parent at the Time of the Penalty Announcement: KPMG
Penalty: £1,066,163
Year: 2023
Date: 13 April, 2023
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: KPMG was fined £875,000 and severely reprimanded for unsatisfactory standards in its audits of Luceco Plc and agreed to pay costs of £191,163
Settlement Type: Admission and early disposal
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:
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