Deloitte under investigation by UK regulatory body for its auditing work with Carillion

On July 22, the UK Financial Reporting Council issued a statement saying that they are investigating whether Deloitte, while auditing the financial statements of Carillion and its UK subsidiaries from 2013 to 2020, "adequately considered the risks of non-compliance with laws and regulations." Carillion and its UK subsidiaries have been under investigation for improper conduct by UK government agencies.