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KPMG Sued for $1.4 Billion over Bridging Finance Audit

by Starling Insights

Observations

May 05, 2023

KPMG Canada is facing a $1.4 billion lawsuit for alleged failures in auditing Bridging Finance Inc, a private debt manager that collapsed in 2021. The lawsuit was filed by PwC, KPMG's competitor and the receiver for Bridging.

The 2022 Compendium is available now!

Now in its 5th year, Starling's Compendium features over 60 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

2020 UPDATE | Canada

by Starling Insights

Compendium

May 04, 2020

According to the CanTrust index run by an independent market agency, there was evidence that trust in the Canadian banking sector dropped to 41% in 2019. A number of misconduct-related penalties were issued over the past year: ... cont

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