New power for SRA in ‘failure to prevent’ offence

New power for SRA in ‘failure to prevent’ offence

by | Apr 11, 2023 | News

A new offence of failure to prevent fraud will be created by an amendment to the Economic Crime and Corporate Transparency Bill tabled by the government today. Under the measure, an organisation where a fraud has been committed must be able to demonstrate that it had...
The new Economic Crime Act

The new Economic Crime Act

by | Apr 12, 2022 | News

The Economic Crime (Transparency and Enforcement) Act 2022 (ECTE) was passed on 15 March 2022. This legislation is designed to prevent foreign owners from laundering their money through UK property by establishing a new register of overseas entities that records...