UPDATE 1-UK regulator says KPMG admits misconduct linked to BNY Mellon units' compliance reports [Reuters]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: Reuters
UPDATE 1-UK regulator says KPMG admits misconduct linked to BNY Mellon units' compliance reports | Reuters 2 Min Read (Adds details from FRC statement, background) Sept 19 (Reuters) - Britain’s accounting watchdog said on Wednesday KPMG, one of the world’s “Big Four” accounting firms, and one of its partners had admitted to misconduct in relation to their 2011 compliance reports for a unit of Bank of New York Mellon Corp and its London branch. The Financial Reporting Council (FRC) said KPMG and partner Richard Hinton admitted to falling short of FRC standards in the investigation that began in June 2015. A disciplinary tribunal will be convened to decide what sanctions should be imposed, the FRC said. KPMG and Hinton failed to give adequate consideration on whether the records of custody relationships maintained by the BNY Mellon Group were compliant to certain rules, the watchdog said. They also failed to undertake sufficient audit procedures to support the opinions set out in 2011 c
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BK
Earnings
- 4/16/24 - Beat
BK
Sec Filings
- 4/24/24 - Form N-CSRS
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- BK's page on the SEC website