KPMG, audit, Big Four

12 June, 2018

KPMG fined over audit work at Quindell

The auditor of controversial insurance outsourcer Quindell has been fined more than £3m over its work with the client. KPMG was reprimanded and fined £4.5m (discounted for settlement at £3.15m),...
Oil refinery

12 April, 2018

Former Afren chiefs disqualified as directors by Insolvency Service

Top directors of former FTSE 250-listed oil company Afren have been disqualified from running companies for 14 years. Osman Shahenshah, the former chief executive of Afren, and Shahid Ullah, former...
defence, aerospace, military helicopter

19 January, 2018

SFO launches corruption inquiry into defence firm Chemring

A criminal investigation has been launched by the Serious Fraud Office (SFO) into alleged bribery, corruption and money laundering at high-tech aerospace and defence manufacturer Chemring. The inve...
Tesco, Tesco directors

4 September, 2017

Former Tesco directors to stand trial for fraud and false accounting

Three former Tesco directors are set to appear in court over fraud charges relating to the grocer’s accounting black hole. Carl Rogberg, Christopher Bush and John Scouler, formerly Tesco’s UK f...
Corporate crime, businessman behind bars, criminal law

10 July, 2017

Is business becoming criminalised?

Following the financial crisis of 2008, companies and their management in the UK work in a new regulatory landscape. Criminal law is increasingly used to regulate business; and prosecutors, regulators...
Rolls-Royce

4 May, 2017

Regulator to investigate KPMG’s audit of Rolls-Royce

The Financial Reporting Council (FRC) has said it will investigate Big Four accounting firm KPMG over its audit of Rolls-Royce. The inquiry follows
Rolls-Royce, aerospace, defence

10 April, 2017

Rolls-Royce: after the shocks and blows, can it get back on course?

Rolls-Royce, it is said, is essentially a hedge fund with an aero engine-maker attached. The past few months, however, show where the company’s risks really lie. First came January’s announceme...
Rolls-Royce

17 January, 2017

Rolls-Royce agrees £671m settlement over bribery claims

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14 January, 2017

UK to beef up corporate crime law

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Barclays bank

15 November, 2016

Fraud office decision on Barclays probe given March deadline

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