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International

Deloitte, former partner fined for violating ethics code

February 06, 2020 Reprints

The Institute of Chartered Accountants in England and Wales has fined U.S.-based consultancy firm Deloitte Touche Tohmatsu Ltd. £925,000 ($1.2 million) and its former partner Neville Kahn £50,000 for violating the code of ethics, Credit Strategy reported. The violation occurred during the administration of Swiss technology firm Comet Group in 2012. Deloitte will also have to pay £890,000 for the regulator's costs.

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Deloitte, former partner fined for violating ethics code

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