Source · Select Committees · Justice Committee
Recommendation 37
37
Paragraph: 146
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 ↗