We have closed this campaign as at 12 May 2022. The campaign achieved one objective of a fine of the auditors KPMG. However, the derisory amount (£3,500 plus costs of £2,743) questions whether the scale of the offence was fully recognised/punished by the regulator, the ICAEW.
At the December 2020 Blancco AGM, the Chairman, Rob Woodward said that:
* The FCA had posed a number of questions to the Company
* The Company had answered those questions
* The Company was never advised that ...