Crackdown on company boards: what impact will extending corporate liability have on companies and economic crime?
- Published: 27 September 2016
Accountability is key to modern business success. Whether it’s making sure of your staff’s health and safety or legal rights, to compliance and other regulatory legislation, you must be aware of what’s happening at all levels of your company. Idox Compliance assists organisations to comply with laws, regulations and guidelines and helps to protect the organisations values, reputation and competitive advantage. In this article, Steven McGinty reports on a new corporate offence, which could see company boards held liable for failing to prevent money laundering, false accounting, and fraud.