37
Failure to prevent fraud' offence could improve corporate behaviour and prevention efforts.
Conclusion
The ‘failure to prevent’ offence for bribery has had success in driving better corporate behaviours. A similar offence for failure to prevent fraud being perpetrated using a company’s platforms would not only aid prosecution for these failures but focus private sector effort on designing fraud out of companies’ systems.
Paragraph Reference
146
Government Response
A response document is linked to this report, dated 11 January 2023. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Justice Committee
Inquiry
Fraud and the Justice System
Report
Fourth Report - Fraud and the Justice System
18 Oct 2022
HC 12
Addressee Bodies
Ministry of Justice
Timeline
Recommendation age
3.9 yrs
Report published
18 Oct 2022