Failure to prevent fraud – Impact on tax investigations

The new corporate offence of “failure to prevent fraud” effective in September. Jack Prytherch highlights its overlap with the Criminal Finances Act (CFA), key differences such as its application to large organisations and subsidiaries, and its expected impact on HMRC investigations and prosecutions related to tax evasion.

Check out our Failure to Prevent Fraud roadmap and FAQs on the website – https://www.osborneclarke.com/services/dispute-resolution/business-crime#ftpf