- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2025-01-22T15:05:00
The U.K. Financial Reporting Council (FRC) disclosed an investigation into KPMG’s audit of international sports betting and gambling company Entain Group.
In a press release Monday, the FRC said it launched a probe in relation to the audit conducted by KPMG of the consolidated financial statements of Entain for the year ended Dec. 31, 2022.
The agency noted that the investigation relates only to KPMG’s work “and it would not be fair to treat any part of this announcement as constituting or evidencing an investigation into any other persons or entities.”
2025-04-24T12:00:00Z By Ruth Prickett
Director accountability is back in the spotlight in the U.K., even as the government pushes for regulatory simplification to cut red tape and drive growth. This raises questions about how boards can be encouraged to take risks to grow their businesses while also being held more accountable for governance failings. ...
2024-04-10T18:35:00Z By Aaron Nicodemus
KPMG Netherlands agreed to pay a record $25 million penalty levied by the U.S. Public Company Accounting Oversight Board for allegedly allowing widespread cheating by employees on internal training exams and misinforming regulators about the misconduct.
2023-10-12T18:43:00Z By Kyle Brasseur
KPMG accepted the conclusions and record penalties levied against it by the U.K. Financial Reporting Council for the “exceptional” level of deficiencies found to have taken place during the Big Four audit firm’s work at collapsed construction company Carillion.
2025-06-11T15:12:00Z By Adrianne Appel
The Department of Justice has charged the founder of cryptocurrency company Evita with 22 violations for allegedly laundering more than $500 million through U.S. banks and cryptocurrency exchanges, on behalf of sanctioned Russian entities.
2025-06-07T01:41:00Z By Oscar Gonzalez
The Securities and Exchange Commission Chair Paul Atkins explained his agency’s shift on cryptocurrency regulation to a Senate committee as legislators bargain over President Donald Trump’s “One Big Beautiful Bill” and the GENIUS Act, which would have the federal government invest heavily in cryptocurrency.
2025-06-04T15:24:00Z By Ruth Prickett
Up to 25,000 people a year in the U.K. are illegally promoting financial products or offering financial advice on social media, but none have yet appeared in court, according to the first Treasury Select Committee meeting on the subject of so-called “finfluencers.” Regulated financial services firms must comply with strict ...
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