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Violation Tracker UK Individual Case

Company: Grant Thornton UK LLP
Current Parent CompanyGrant Thornton
Penalty: £1,060,000
Year: 2015
Date: 8 July, 2015
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: The Financial Reporting Council announced the outcome of the disciplinary case in connection with Grant Thornton UK LLP and two Audit Engagement Partners in relation to Manchester Building Society. Grant Thornton agreed to receive a Severe Reprimand, pay a fine of £975,000, and contribute £85,000 to the Executive Counsel's costs.
Action Type: agency action
Agency: Financial Reporting Council
HQ Country of Parent: United States
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting services
Source of Data(click here)