The new strict liability corporate criminal offence of Failure to Prevent Fraud (FTPF) comes into effect in England and Wales on 1 September 2025. ...more
8/26/2025
/ Corporate Counsel ,
Corporate Crimes ,
Corporate Liability ,
Criminal Prosecution ,
Failure to Prevent ,
Fraud ,
Internal Controls ,
New Legislation ,
Policies and Procedures ,
Regulatory Reform ,
Risk Management ,
Risk Mitigation ,
Serious Fraud Office (SFO) ,
UK
After a laborious passage through the United Kingdom Parliament, the Economic Crime and Corporate Transparency Act (the Act) received Royal Assent on 26 October 2023. The Director of the UK Serious Fraud Office (SFO) hailed...more
10/31/2023
/ Bribery ,
Compliance ,
Corporate Crimes ,
Corporate Transparency Act ,
Criminal Liability ,
Fraud ,
Money Laundering ,
Regulatory Reform ,
Serious Fraud Office (SFO) ,
Theft ,
UK ,
UK Companies Acts
Boyd Johnson is the New York-based co-chair of WilmerHale’s investigations practice, while Stephen Pollard leads the firm’s UK team. Both partners joined WilmerHale in late 2011 – Johnson from the US Attorney’s Office for the...more