The much-anticipated new corporate criminal offence of failure to prevent fraud was introduced by the Economic Crime and ...

has the responsibility for fraud risk management, what precisely does a Board need to do, to prevent or limit the prevalence of corporate fraud? Unfortunately, there is no place or business across the ...

Big businesses have nine months to implement fraud preventions, with the SFO boss warning "time is now running short for corporations to get their house in order".

The Space of corporate banking has transformed significantly in recent years. Companies today demand sophisticated, ...

Under the Act, the new offence only applies to "large organisations" i.e. those which meet at least two of the following criteria in the financial year preceding the year of the fraud offence: more ...

Canara Bank has classified Reliance Communications and Reliance Telecom accounts as fraud. The classification is not expected ...

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has pledged that the Commission will intensify ...

The UK Government’s introduction of the "Failure to Prevent Fraud" offence under the Economic Crime and Corporate Transparency Act 2023 marks a significant milestone in the fight against ...

2020, Paper: "We examine drivers and consequences of U.S. Department of Justice (DOJ) oversight of whistleblower cases of corporate fraud against the government. We find that the DOJ is more likely to ...