Under new legislation making its way through Parliament, the UK is set to prosecute firms as a "failure to prevent fraud" becomes a criminal offense. The measure is included in the Economic Crime and Corporate Transparency Bill, which has broad support and is expected to become law by Spring 2024.
This content is available to Members. Registered Observers can also access this article with a free account.
Members have full access to all articles and related content from past Compendium and Starling's regular updates and reports.
Observers can access a limited number of articles and may purchase articles on an ala carte basis.
Click the ‘Join’ button below to join Starling Insights or register for free as an Observer.