Insurers Face Big Investment Losses, Trade Credit Claims from Coronavirus Crisis March 12, 2020 By Carolyn Cohn Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a...
Big 4 Accounting Firms Should Separate Auditing, Consulting Work: UK Lawmakers April 2, 2019 By Thomas Beardsworth and Jonathan Browning The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses,...
What Insurers Want and Get from Insurtech Partnerships November 29, 2018 By Andrew G. Simpson Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very...
UK Financial Services Regulations Unlikely to Be Relaxed After Brexit: KPMG October 3, 2018 By Huw Jones KPMG expects Britain to ignore calls to loosen banking rules after Brexit and said in a report on Wednesday it...
KPMG Loses More Staff & Clients in Continuing Fallout From S. Africa Gupta Scandal September 26, 2018 By Loni Prinsloo and John Bowker KPMG LLP is continuing to lose staff and clients in South Africa more than a year after issuing a public...
UK Regulators, Lawmakers Get Tough on ‘Poor Performance’ of Big 4 Auditing Firms June 19, 2018 By Áine Quinn The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the...
KPMG’s Audit Work Is of `Unacceptable Standard:’ UK Regulator June 19, 2018 By Neil Callanan, John Glover and Viren Vaghela KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the...
UK Accounting Regulator Urged to Slap Larger Fines on ‘Big Four’ Firms November 22, 2017 By Huw Jones Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised...
KPMG’s S. Africa Unit Names 9 New Execs in Bid to Restore Client Trust October 11, 2017 By Renee Bonorchis KPMG LLP’s South African unit appointed nine new executives in an attempt to restore trust in the auditing firm as...
Munich Re Africa Drops KPMG as Auditor on S. African Reputational Issues October 4, 2017 By Tiisetso Motsoeneng and Ed Cropley The African arm of Germany’s Munich Re has dropped KPMG as its auditor, the latest company to distance itself from...