ARTICLE
11 May 2023

Corporate Investigations – Recent Developments

BS
BCL Solicitors LLP

Contributor

BCL Solicitors is a law firm with a single-minded ambition – to achieve the best possible outcome for each and every client. We specialise in corporate and financial crime, regulatory enforcement and serious and general crime. We offer discreet, effective and expert advice to corporations, senior executives, public bodies and high-profile individuals.
We are pleased to be teaming up with Mondaq on the 18th May 2023 to host a live webinar discussing the recent developments in corporate investigations and regulatory compliance.
United Kingdom Corporate/Commercial Law

We are pleased to be teaming up with Mondaq on the 18th May 2023 to host a live webinar discussing the recent developments in corporate investigations and regulatory compliance. In this webinar, BCL's John Binns, Tom McNeill and Anoushka Warlow will explore the recent approach of regulators to economic crime, supply chains, failure to prevent notices, deferred prosecution agreements, and the proceeds of crime.

To register for this webinar, please visit the Mondaq website.

The webinar will cover the following:

Recent years have seen an increased political and public demand for corporate accountability in the UK, including for new ways to hold organisations criminally liable for wrongdoing committed on their behalf or which otherwise is judged to have been preventable. With traditional legal principles generally requiring proof of personal fault, excepting in limited 'regulatory' contexts, this has meant a radical reshaping of corporate criminal liability. This includes by:

  • extending the 'regulatory' approach to economic crimes;
  • seeking new ways to make organisations responsible for other social harms, including those connected to supply chains; and
  • among law enforcement agencies, maintaining a focus on corporate offending often at the expense of those individuals alleged to have committed the wrongdoing.

The upshot includes the paradoxical effects of punishing organisations for wrongdoing which they cannot prevent; incentivising commercially-minded organisations to enter settlement agreements in relation to conduct which may not be criminal; hanging innocent individuals out to dry in the rush to agreeing corporate settlements; while simultaneously reducing the chance of successfully prosecuting individuals who may actually commit wrongdoing.

Against this background, we will be discussing recent developments in corporate investigations with a particular focus on:

  • Failure to prevent offences and the anticipated introduction of a new failure to prevent fraud offence
  • The latest on deferred prosecution agreements, including consideration of Tetris Bluu
  • Supply chains and the proceeds of crime
  • Funding and resourcing of law enforcement
  • Other recent developments

Register for our webinar

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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