On 26 October 2023, the Economic Crime and Corporate Transparency Act (the “Act”) received Royal Assent.
Among other measures to further tackle economic crime1 it has introduced a failure to prevent fraud offence and...more
The Criminal Finances Act 2017 (the “Act”) represents a further significant development in the approach to the investigation and prosecution of financial crime in the UK1. The new offence of failure to prevent the...more
The UK Criminal Finances Act 2017 (the “Act”) represents a further significant development in the approach to the investigation and prosecution of financial crime in the UK. The new offence of failure to prevent the...more
6/15/2017
/ Banks ,
Criminal Investigations ,
Disclosure Requirements ,
Financial Crimes ,
Financial Services Industry ,
Information Sharing ,
Money Laundering ,
Moratorium ,
Reporting Requirements ,
Suspicious Activity Reports (SARs) ,
UK ,
UK Criminal Finances Act 2017
Part One: "A Fistful of Tax Dollars" - A New Corporate Offence of Failure to Prevent the Facilitation of Tax Evasion..
The Criminal Finances Act 2017 represents a further significant development in the approach to the...more