On 19th April, chartered secretaries’ association, ICSA, published an article saying that the outcome of a recent failure to prevent bribery case shows how seriously prosecutors are taking compliance.  Corporations in the UK are facing pressure to not merely abstain from crime, but to actively prevent their staff committing it.  Where once companies would not be culpable for the misbehaviour of staff, they are now being asked to have adequate measures in place to stop tax evasion and bribery, or face punishment.  After the Home Office published an anti-corruption strategy in December, some campaigners called for this approach to be applied to other types of economic crime.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s