Tag: Firms could face fines for failing to prevent fraud

Firms could face fines for failing to prevent fraud

Companies could face multi-million pound fines over corporate financial crimes committed by rogue workers if they do not take steps to stop fraud and other swindles. Ministers are considering bringing in a new offence of “failure to prevent financial crime”. Solicitor General Oliver Heald QC has said he sees such a shake-up of corporate criminal […]