The new Economic Crime and Corporate Transparency Act 2023 (the Act) is the latest step in the UK Government’s attempts to address economic crime and improve transparency over corporate entities. Whilst most of the key...more
10/30/2023
/ Corporate Counsel ,
Corporate Crimes ,
Corporate Entities ,
Corporate Fraud ,
Corporate Governance ,
Corporate Liability ,
Corporate Transparency Act ,
Enforcement Actions ,
Financial Crimes ,
Investigations ,
Regulatory Agenda ,
UK
Following an intense and lengthy period of speculation, on 8 February 2023 the UK Government confirmed the introduction of a new “failure to prevent” corporate criminal offence. The new offence will be introduced by way of...more
Emails between an in-house counsel and an employee, gathering information to provide to external lawyers, were not protected by legal advice privilege. The decision illustrates (a) how difficult it will be for internal fact...more
The law and practice relating to financial crime and investigations is evolving fast. In the past 18 months we have seen two new Acts aimed at combatting financial crime (including the creation of two new corporate criminal...more