Billed as a “game-changer” and providing a significant change in gear in the UK’s fight against corporate crime since the Bribery Act 2010, the Economic Crime and Corporate Transparency Act 2023 Only ...

I HAVE always found that few issues incense people like insurance scammers. Not that many people like insurance companies but we all realise that these cheats are effectively taking money out of our ...

The director of the UK’s Serious Fraud Office (SFO) has backed plans for a new ‘failure to prevent’ fraud offence, after government ministers today confirmed the offence would make its way on the ...

Thomas Cattee at Gherson Solicitors LLP shares his insights into the territorial scope of the offence of Failure to Prevent Fraud, and explains the types of organisation affected and the fraudulent ...

We’re excited to launch Back Chat, our new interactive podcast series where Giant Screening experts discuss the biggest topics shaping hiring, compliance, and the candidate experience. We’re excited ...

A new law creating a new corporate criminal offence of ‘failure to prevent fraud’ has been described as a game-changer, as organisations now have to demonstrate to a court that they had reasonable ...

A £1.5m-a-year high-flying auditor and his firm KPMG have been fingered for failing to spot the massive Independent Insurance fraud, one of the largest financial scandals of the last decade which cost ...

Matthew Garbutt and David Pack at Devonshires discuss the significance of the new offence and the steps businesses will need to take to navigate the new regulatory environment. The much-heralded ...

On October 26 2023 the Economic Crime and Corporate Transparency Act received royal assent. Notably, the act implements a corporate 'failure to prevent fraud' offence and a rule for the attribution of ...

UK’s big banks fail in bid to add ‘fraud levy’ to transactions on facebook (opens in a new window) UK’s big banks fail in bid to add ‘fraud levy’ to transactions on linkedin (opens in a new window) ...

I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A £1.5 million-a-year high-flying auditor and his firm KPMG have been fingered for failing to ...