BCL partner, John Binns writes for LexisNexis discussing the key aspects of Corruption Watch's report, 'The Corporate Crime Gap: How the UK lags behind the US in policing corporate financial crime'.
An extract from the article:
"The headline findings of the report, what it characterises as 'the corporate crime gap', are that the UK has failed to bring a single successful corporate criminal prosecution for such conduct and has imposed just under £2.5bn in noncriminal fines, while the US has brought close to 20 successful criminal enforcement actions against New York and London banks, and has imposed more than £25bn in both criminal and non-criminal fines—over ten times that of the UK."
This article was originally published by LexisNexis on 16th april 2019. To read the full article visit the LexisNexis website here.