New criminal offences could be introduced as part of a government crackdown on corporate economic crime – more than three years after a call for evidence.

The Ministry of Justice (MoJ) has announced that UK corporate criminal liability laws are to be reviewed by the Law Commission, following its consultation dating back to 2017.

That consultation was concerned with criminal offences designed to punish and prevent economic crimes such as fraud, false accounting and money laundering when committed on behalf or in the name of companies.

One issue on which responses were sought included whether to extend the ‘failure to prevent’ offence model (which already applies to bribery and tax evasion offences), to ...

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