- 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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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.
2025-03-20T13:24:00Z By Aaron Nicodemus
Compliance has long been viewed by some as the “Department of No.” What typically happens is a new product or service is being launched, and compliance is brought in at the end of the process. Inevitably, the compliance team finds aspects of the new product or service that violates a ...
2025-03-11T19:27:00Z By Aaron Nicodemus
A panel at Compliance Week’s Ethics and Compliance Summit will use interactive exercises, real-world case studies, and DOJ guidance to “equip participants with actionable tools to navigate high-pressure environments and build stronger, more human-centered compliance cultures.”
2024-11-19T17:28:00Z By Neil Hodge
Companies spend huge sums on audit, risk management, and compliance to alert them about potential legal issues before they escalate into serious corporate governance failings. There’s only one problem, however–they often misread their own early warning signs or ignore them altogether.
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