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The clock is ticking - UK Government publishes guidance on new ‘failure to prevent fraud’ offence

On 1 September 2025, the corporate criminal offence of ‘failure to prevent fraud’ (“the Offence”), created by the Economic Crime and Corporate Transparency Act 2023 (“ECCTA”), will come into force. On 6 November 2024, the...more

11/14/2024  /  Bribery , Fraud , Transparency , UK

UK SFO launches Strategy 2024-2029

On 18 April 2024, the SFO announced that it had launched its Strategy 2024-2029, setting out its direction, values, approach and goals over the next five years. A bold, victims-centred approach The Strategy can be found...more

The UK's whistleblowing framework – are we falling behind global best practice?

The UK's whistleblowing framework – although once an example of best practice – is now lagging behind efforts, particularly in Europe, for improved whistleblowing standards and protections. There are various ongoing efforts...more

4/29/2024  /  Best Practices , Bribery , UK , Whistleblowers

UK government proposes long-awaited reform to the identification doctrine for economic crime offences

On 16 June 2023, the Government announced its proposed reforms to the “identification doctrine” for economic crime offences to be introduced in the Economic Crime and Corporate Transparency Bill. The reform will apply only to...more

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