Tag: corporate crime
EU agrees measures to stamp out VAT fraud
EU member states have agreed to collaborate on closing EU tax loopholes, such as information sharing and cooperation between national tax authorities and law enforcement authorities.
Ireland raises the bar on tackling white-collar crime
A range of new anti-corruption offences are set to become law in Ireland to cover a variety of new offences aimed at tackling bribery and corruption.
Corporate tax evasion crimes added to Criminal Finances Act
Failure to prevent the facilitation of UK and foreign tax evasion have been implemented as new corporate offences under the Criminal Finances Act.
Germany: compliance management system can reduce fines, court rules
The German Federal Court of Justice has ruled that establishing a compliance management system, which aims to stop legal breaches, can reduce fines levied on companies under Section 30 of the Administrative Offences Act.
Samsung heir jailed as South Korea clamps down on corruption
Samsung heir jailed for bribery and corruption charges, in what is viewed as a major move by South Korean authorities to clamp down on corporate misbehaviour.
Is business becoming criminalised?
Criminal law is increasingly used to regulate business. Edward Sparrow and Angela Pearson of law firm Ashurst argue that the rule of law and the established legal process are being challenged.
Money laundering could be judged under criminal law
The European Commission proposes money laundering made a criminal offence if conducted intentionally.
Compliance: why it pays to stay on the right side of the law
Inadequate investment in compliance is now the biggest threat to a company’s bottom line. Simon Airey and Joshua Domb of law firm DLA Piper argue that time and resources devoted to compliance will pay dividends.
Scope of ‘corporate failure’ law to expand
UK attorney general reveals that “failure to prevent” law is to expand beyond tax evasion to other offences such as money laundering, false accounting and fraud.