How should accountants react to sanctions evasion proposals?
Evading sanctions should be harmonised as a criminal offence across the entire EU, according to Brussels proposals. What does this mean for the accounting profession?Read
How do we improve modern slavery reporting?
Around one in 10 British companies do not provide a modern slavery statement. Why aren’t organisations taking the problem seriously?Read
Corporate liability: is the net closing in?
The Law Commission has put forward a range of options for enhancing the legal system’s ability to prosecute corporations for economic crime. Do the proposals go far enough?Read
Why does the UK have such a problem with fraud?
Britain has long had a problem with fraud, but in the past few years the scale and complexity of fraudulent activities has increased to even more worrying levels.Read
Londongrad: how the City became a money-laundering haven
Which key factors have conspired to make the UK capital synonymous with financial crime? Insights outlines the root causes, and ICAEW’s Michelle Giddings highlights emerging vulnerabilities.Read
Corporate Criminal Liability: 10 options for tougher accountability
The Law Commission has released an options paper relating to the law on corporate criminal liability, covering “the challenges faced by the criminal justice system under the current law relating to corporate criminal liability”.Read
How to tackle high-end money laundering
Don’t be distracted by the label’s exclusive connotations: high-end money laundering is a problem that should be on every accountant’s radar, says ICAEW’s Michelle Giddings.Read
Major changes to government sanctions’ enforcement powers
The Economic Crime Act gives the Office of Financial Sanctions Implementation more power to impose penalties.Read
Why do we need the Economic Crime Bill 2.0?
The Economic Crime Act was brought in swiftly in order for the UK to respond effectively to Russia’s actions in Ukraine. The second Economic Crime Bill is on the way. Why is it necessary?Read
Modern slavery: nothing to do with me?
The combination of existing skills and new tools means that ICAEW members can play a pivotal role in the fight against modern slavery, say Dipak Vashi and Hope Sherwin.Read