Masterclass 2

The Economic Crime & Corporate Transparency Act - What does it mean for you?

Reforms to Companies House -: Delve into the intricacies of the long-awaited reforms to Companies House, unveiling how these changes aim to bolster transparency and fortify defences against financial crime.
Identification Doctrine -: Explore how alterations to corporate liability seek to scrutinise the use of convoluted structures created in order to conceal economic crime by bad actors.
Information Sharing Powers -: Unveil the implications of refined information sharing powers on businesses, highlighting their pivotal role in fostering more efficient cooperation to combat financial crime.
Offence of Failure to Prevent Fraud -: Explore the significance of the newly established Failure to Prevent Fraud offence, particularly its impact on professionals in regulated industries and business leaders.
New powers for key agencies -: Examine the significance of enhanced legislative powers granted to the FIU, SFO, and SRA, highlighting how these measures bolster their capacity to investigate offences with greater efficiency and effectiveness.