Tag: Fraud

Independent Review of Disclosure Regime

The Home Office announced last week that it will conduct an independent review of the criminal disclosure regime and the challenges that arise in fraud investigations (the Review).  The Review comes on the heels of the UK government’s broader fraud strategy (which committed to such a review) and the upcoming failure to prevent fraud offence … Continue Reading

Proposed UK failure to prevent fraud offence: What do you need to do now?

Updated Friday 8 September 2023 The UK Government intends to introduce a new “failure to prevent fraud” offence as an amendment to its Economic Crime and Corporate Transparency Bill (the Bill). On 11 April 2023, the Home Office published a fact sheet (which was updated on 20 June 2023) and tabled an amendment to introduce the failure to prevent … Continue Reading

Whistleblowers, fraud and corruption: What’s on the horizon?

Incentivising whisteblowers could be an easy first step for the Australian Government if it were to heed the call by the recent Senate Economics References Committee for a more pro-active approach to fraud.  Currently, Australia has no incentivised whistleblower programs. The prospect of a reward for whistleblowers would see a sharp rise in the number … Continue Reading
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