By Neil Hodge2023-10-16T14:00:00
Spain’s labor ministry fined the Big Four accountancy firms at least 1.4 million euros (U.S. $1.5 million) total for overworking and underpaying their respective employees.
Despite no complaint being lodged by any employee, the Big Four offices were each raided in November after the Spanish Ministry of Labor opened an investigation into the firms’ working practices regarding concerns employees were working longer hours than their employers’ records showed.
In January, Labor Minister Yolanda Díaz warned, “The excesses and abuses of overtime hours are being investigated and the mandate is clear. … No big company, no matter how big, is beyond the law.”
2023-10-12T18:43:00Z By Kyle Brasseur
KPMG accepted the conclusions and record penalties levied against it by the U.K. Financial Reporting Council for the “exceptional” level of deficiencies found to have taken place during the Big Four audit firm’s work at collapsed construction company Carillion.
2023-02-07T21:14:00Z By Neil Hodge
Recent enforcement cases against food delivery company Glovo and online retailer Amazon in Spain have shone a spotlight on the compliance difficulties associated with engaging workers as freelancers rather than full-time employees.
2022-09-12T19:05:00Z By Neil Hodge
Big Four audit firm PwC is being sued by one of its employees for more than £200,000 (U.S. $234,000) after he injured himself at a post-work drink event in 2019. The incident is not the first where “team-bonding” efforts have proven problematic.
2025-09-16T20:11:00Z By Adrianne Appel
The former CEO of a Georgia clothing business faces 25 years in prison for bribing Honduran officials to win $10 million in uniform contracts in Honduras, after being caught up in a Department of Justice Anticorruption Task Force.
2025-09-12T19:40:00Z By Oscar Gonzalez
The DOJ sued Uber Thursday, alleging it violated the Americans with Disabilities Act (ADA) by denying people with disabilities equal access to its services.
2025-09-11T20:53:00Z By Neil Hodge
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
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