A first in Switzerland, Credit Suisse bank is found guilty and fined $2.1m for deficiencies in its anti-money laundering programme. Business Day notes that the historic outcome comes after money from drug-trafficking went undetected and includes charges against a bank manager. Credit Suisse has tried to defend the verdict ...
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Big Four accounting firm Ernst & Young will pay $100 million to settle U.S. Securities and Exchange Commission (SEC) charges that its auditors cheated on certified public accounting (CPA) exams and that it misled the agency’s investigators.
The London-based auditor admitted to the charges and agreed to pay what the SEC said is ...
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The US Securities and Exchange Commission announced that UBS Financial Services Inc. has agreed to pay approximately $25 million to settle fraud charges relating to a complex investment strategy referred to as YES, or Yield Enhancement Strategy.
According to the SEC’s order, UBS marketed and sold YES to approximately 600 ...
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By Lee Rossini
Whether we like it or not, hybrid working is here to stay. And this means a range of obvious things—more sitting down, more time spent online—but also other consequences that are more of a slow-burn. One of the major issues that is expected to impact on the workplace because of hybrid working is the exacerbation of pre-existing inequalities, especially as certain privileged groups receive further benefits from this new way of working while those without said privileges continue to be left behind. To improve inclusivity and prevent this widening of the gap from occurring, we need to incorporate these five strategies into the workplace.
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