KPMG fined £14.4 million over Carillion audits

Auditor KPMG has been fined a record £14.4 million and five of its former staff sanctioned after a Disciplinary Tribunal found they provided false and misleading information to the Financial Reporting Council as it inspected audits of Carillion and software firm Regenersis. Separately, three former Carillion directors also received fines from the Financial Conduct Authority this week.

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Subscribers to the printed magazine get access to the entire Construction law website.