After several years of discussion and consultation, the UK Government now appears to be close to reforming the law on corporate criminal liability via the Economic Crime and Corporate Transparency Bill. These changes, if...more
Following mounting calls for reform of the UK's corporate criminal liability regime, the Government is expected to consult later this year on potential reforms, which are likely to include a new corporate offence of failing...more
3/14/2019
/ Compliance ,
Corporate Crimes ,
Corporate Liability ,
Corporate Misconduct ,
Criminal Liability ,
Failure to Prevent ,
Financial Crimes ,
Money Laundering ,
Proposed Amendments ,
Proposed Rules ,
Serious Fraud Office (SFO) ,
UK Bribery Act ,
UK Criminal Finances Act 2017
Tech companies of U.S. origin tend to have compliance programs focused on U.S. laws, including the Foreign Corrupt Practices Act (the "FCPA") and relevant tax and labor laws. The UK has enacted laws covering bribery and...more
2/8/2019
/ Bribery ,
Compliance ,
Corporate Misconduct ,
Corruption ,
Criminal Liability ,
Cross-Border Transactions ,
Due Diligence ,
Extraterritoriality Rules ,
Foreign Corrupt Practices Act (FCPA) ,
Modern Slavery Act ,
Risk Assessment ,
Strict Liability ,
Tax Evasion ,
Technology Sector ,
UK ,
UK Bribery Act ,
UK Criminal Finances Act 2017