Attorney General written question – answered at on 26 May 2016.
To ask the Attorney General, what assessment he has made of the potential effect of introducing a new criminal offence of failure to prevent economic crime on the number of prosecutions for such crimes.
Under existing law, a company only faces criminal liability if prosecutors can prove a sufficiently senior person knew about the criminal conduct. It can be extremely hard to prove this, especially in large companies with complex management structures.
A new failure to prevent offence could help prosecutors hold all companies to account for criminal conduct and bring some positive changes in corporate culture.
Yes0 people think so
No0 people think not
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