Wednesday 3 September 2014

UK: the failure to prevent economic crimes - new corporate offence being considered

Today's Financial Times newspaper reports comments made by the Attorney General, the Rt Hon Jeremy Wright QC MP, at the Cambridge International Symposium on Economic Crime. According to the report, the UK Government is considering the introduction of a new corporate offence, modelled on section 7 of the Bribery Act 2010: the failure to prevent economic crimes such as money laundering and fraud. The report is available here.

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