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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2022-09-12T19:05:00
The U.K. arm of Big Four audit firm PwC is being sued by one of its employees for more than 200,000 pounds (U.S. $234,000) after he injured himself at a post-work drink event in 2019.
Michael Brockie, 28, has filed a personal injury claim against the auditor after he lost half his skull in a round of “pub golf,” where he and others were encouraged to down a drink at each of the nine bars they visited. Those to drink quickest got the most points, according to multiple reports, including the Financial Times.
The audit firm is not the only employer whose “team-bonding” efforts have proven problematic.
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News and analysis for the well-informed compliance or audit exec.
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2023-10-16T14:00:00Z By Neil Hodge
Spain’s labor ministry fined the Big Four accountancy firms at least €1.4 million (U.S. $1.5 million) total for overworking and underpaying their respective employees, continuing a recent trend in the country of the government cracking down on apparent labor violations.
2023-07-05T14:13:00Z By Kyle Brasseur
PwC Australia exited eight partners, including its former chief risk and reputation officer, following an investigation into the sharing of confidential government tax policy information at the firm.
2022-09-28T12:00:00Z By Neil Hodge
The Prudential Regulation Authority and Financial Conduct Authority ending their six-year investigations into former senior managers at HBOS without enforcement serves as reminder of the United Kingdom’s checkered history of bringing executives to book.
2024-07-12T10:49:00Z By Neil Hodge
It’s been a trying time for staff at firms with redundancies, affecting morale as layoffs mount amid an effort to silence dissent in the ranks for those departing.
2024-07-09T19:08:00Z By Ruth Prickett
Codes of ethics and conduct are becoming ubiquitous, yet instilling high standards of corporate integrity still seems an elusive goal. Why is corporate culture such a challenge?
2024-06-27T13:39:00Z By Adrianne Appel
Keeping track of regulations and understanding how they affect your business can be a hot mess without proper organization and collaboration, experts said at Compliance Week’s Women in Compliance Summit, held June 3-4, in Atlanta.
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