KPMG Suspension Upheld by Appellate Body

03 March 2019


Capital Market Authority (CMA) hereby wishes to inform that the independent appellate body considered KPMG’s appeal against CMA decision that had suspended KPMG from auditing entities regulated by CMA for a period of one year starting from 13 November 2018. The appellate body, after hearing the argument of both parties, issued its judgement on 28 February 2019 upholding the decision taken by CMA.

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