Individuals continue to face risk from prosecutions for economic crime, despite media focus on corporate criminal liability reforms.
Four individuals have today appeared at Westminster Magistrates’ Court charged with fraud...more
10/10/2023
/ Audits ,
Corporate Counsel ,
Corporate Crimes ,
Criminal Conspiracy ,
Criminal Liability ,
Criminal Prosecution ,
Financial Reporting Council (FRC) ,
Financial Statements ,
Fraud ,
Material Misstatements ,
Negligence ,
Personal Liability ,
Serious Fraud Office (SFO) ,
UK
Greater focus on strong corporate governance and transparency is placing company directors in the UK and elsewhere under growing scrutiny and increased risk of individual civil and criminal liability. As new case law and...more
4/5/2023
/ Board of Directors ,
Compliance ,
Corporate Governance ,
Criminal Liability ,
Enforcement Priorities ,
Investors ,
Personal Liability ,
Portfolio Companies ,
Private Equity ,
Private Equity Firms ,
Risk Management ,
Transparency
The proposal outlines 10 possible ways to strengthen corporate liability by both criminal and civil law reforms.
On 10 June 2022 the Law Commission published an eagerly anticipated set of proposals (the Options Paper) to...more