Fresh inquiry into economic crime will push UK further towards expansion of ‘failure to prevent’ legislation
By EsqSocial Corporation 27/10/20
On 23 October, the Treasury Committee launched a further inquiry to review what progress has been made in combatting economic crime. While the inquiry is focused on the effectiveness of the existing anti-money laundering (AML) regime, it is likely the Committee will use the review to increase the pressure on Government to implement legislation criminalising the failure of organisations to prevent all forms of economic crime....
By: WilmerHale