Cost-of-living support for millions of households
More than £15 billion has been allocated to an unprecedented support package to help millions of households in the UK...
READ MOREA new UK plan to tackle economic crime would fail to hold companies sufficiently liable for illicit activity beyond bribery and tax evasion, anti-corruption campaigners told the Financial Times.
Under current laws, British firms can only be deemed guilty of other financial crimes if the “directing mind”—a senior manager empowered to implement a criminal scheme—is proven to be involved in, or have known of, the illicit activity. Nonprofit groups and others have campaigned for reforms that would make it possible to prosecute companies even when a “directing mind” can’t be explicitly tied to criminality.
Read more at KYC360.