Apparently what the Institute of Chartered Accountants in England and Wales didn't know (i.e. that one of their members was doing six years for hiring a hit man) wasn't going to hurt them:
As you know, from time to time we like to see what's poppin' with our friends in the Old Empire. Today, we discover an inquisitor over at AWEB UK, "Constantly Confused" is still living in the 1960s.
Here's an unfortunate story of Klynveldians across the pond falling victim to a "glitch" in their payroll system that is preventing nearly 11,000 employees from being paid today.
Britain's audit regulator, the Financial Reporting Council's accountancy and actuarial discipline board (AADB), has decided that even though its fine of £1.4 million of PwC in January was a record, it really didn't satisfy as a "credible deterrent."