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Tag Archives: Carillion

Former Carillion finance directors fined by the FCA

The Financial Conduct Authority (FCA) has fined former Carillion finance directors, Richard Adam and Zafar Khan for their part in misleading statements being issued by Carillion plc. The FCA says both were aware of serious financial troubles in Carillion’s UK ...

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KPMG fined millions for significant and serious breaches in Carillion audit

The Financial Reporting Council has fined the auditors of multinational construction and facilities management services company Carillion which collapsed in 2018, £21 million for ‘significant and serious breaches’. Two Final Settlement Decision Notices have been imposed against KPMG LLP, KPMG ...

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FM Clinic: What lessons can FM clients take following the demise of Carillion?

Following the demise of Carillion, what lessons should FM clients take from the fallout to ensure that their key suppliers’ finances are sound? If they do encounter a major problem how can they ensure the project or service is still ...

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