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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

UK investigates KPMG for Rolls-Royce audits

The United Kingdom accounting regulator said Thursday it has opened an investigation into KPMG for audits the firm did for long-time client Rolls-Royce Holdings plc.

The Financial Reporting Council or FRC said its decision to investigate KPMG “follows the SFO announcement on 17 January 2017 of a Deferred Prosecution Agreement between the SFO and Rolls-Royce which relates to offenses including conspiracy to corrupt and a failure to prevent bribery.”… Continue Reading

Property manager for UK royals convicted of graft

The Queen’s former deputy property manager was convicted Tuesday of taking bribes and kickbacks to award contracts and push for a Royal Warrant.

Ronald Harper, 63, a senior member of the Royal Household staff, was convicted at Southwark Crown Court in London of conspiracy to take corrupt payments.… Continue Reading

Brexit: What happens to UK financial regulations?

The job of the UK’s top financial regulator includes enforcing requirements to designate compliance officers with defined professional roles and duties.

A lot of the regulations the Financial Conduct Authority enforces are based on EU-wide rules.… Continue Reading