Yorkshire Water forced to pay out £40m after ‘serious failures’ Business Yorkshire Water will have to pay out a £40m “enforcement package” to address a series of “serious failures” in its maintenance of sewage networks. The water supplier will pay out £36.6m over the next five years after the water watchdog Ofwat found repeated failures to properly invest in infrastructure. Environmentally sensitive areas will be targeted [...]
US regulator slaps KPMG’s Dutch arm with record-breaking fine over exam cheating Professional services The penalty is the largest fine the PCAOB has ever imposed. The regulator also singled out former head of assurance, Marc Hogeboom, stating that he directly and substantially contributed to the violations.
Waste firm fined almost £70K after cyanide leak kills hundreds of fish Environment The company was penalised after an incident in 2018, during which a container was ruptured causing "hundreds of litres of a liquid" to escape