KPMG

== Global structure ==
Each national KPMG firm is an independent legal entity and is a member of KPMG International Limited, a UK Limited Company incorporated in London, United Kingdom. KPMG International changed its legal structure from a [[Swiss Verein]] to a [[co-operative]] under Swiss law in 2003<ref>[http://hrazg.ch/ Handelsregister des Kantons Zug] {{Webarchive|url=https://web.archive.org/web/20070329094011/http://www.hrazg.ch/ |date=29 March 2007 }} (Registration Number CH-020.6.900.276-5)</ref> and to a limited company in 2020.<ref name=governance/>

This structure in which the Limited company provides support services only to the member firms is similar to other [[professional services networks]]. The member firms provide the services to the client. The purpose is to limit the liability of each independent member.<ref>This is illustrated in the cases involving [[Parmalat]] where clients sought to hold Deloitte (the Swiss Verein) and Grant Thornton International (a UK company providing administrative services to its members) liable for the negligence of other member firms.</ref>

KPMG's global chairman is Bill Thomas, former senior partner and CEO of Canadian member firm KPMG LLP.<ref>{{cite web|url=https://home.kpmg.com/xx/en/home/contacts/t/william-b-thomas.html|title=William B. Thomas|publisher=KPMG|access-date=15 May 2018}}</ref>

Some KPMG member firms are registered as multidisciplinary entities that also provide legal services in certain jurisdictions.<ref>{{cite web|url=http://abovethelaw.com/2014/11/alt-legal-all-your-profits-are-belong-to-us/|title=All Your Profits Are Belong To Us|publisher=Above the law|date=5 November 2014|access-date=6 November 2014}}</ref>

In [[India]], where regulations do not permit foreign auditing firms to operate,<ref name="et">{{cite news |title=Deloitte, KPMG have no licence to do audit work in India |url=https://economictimes.indiatimes.com/tech/software/deloitte-kpmg-have-no-licence-to-do-audit-work-in-india/articleshow/3986506.cms |access-date=29 September 2018 |newspaper=Economic Times |date=16 January 2009}}</ref> KPMG is licensed as an [[investment bank]] and carries out audits under the name of BSR & Co, an auditing firm KPMG purchased after the 1992 [[economic liberalisation in India|liberalisation of the Indian economy]].<ref name="ie29sep">{{cite news |title=SFIO names KPMG arm in Reebok chargesheet |url=https://indianexpress.com/article/business/business-others/sfio-names-kpmg-arm-in-reebok-chargesheet/ |access-date=29 September 2018 |newspaper=The Indian Express |date=29 September 2018}}</ref>

During March 2022, in response to the [[Russian invasion of Ukraine]], KPMG announced that their Russian and Belarusian firms would leave the KPMG network.<ref>{{Cite web |url=https://www.ft.com/content/be3d59a3-d9b2-4303-946d-d61d32c2ff08 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/be3d59a3-d9b2-4303-946d-d61d32c2ff08 |archive-date=10 December 2022 |url-access=subscription|title=PwC and KPMG exit Russia and Belarus in wake of Ukraine invasion|publisher=Financial Times|date=6 March 2022|access-date=21 March 2022}}</ref>