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City of London

Prosecuting UK Corporate Fraud May Be About to Get Much Easier

Taking the UK’s largest companies to court over fraud allegations could be about to become a whole lot easier. 

Long-awaited reforms to laws include an option that would make it a criminal offense for a company to fail to prevent a fraud, according to a series of proposals by the Law Commission published Friday. That would help boost conviction rates by allowing authorities to target companies that failed to put measures in place to prevent their own staff committing fraud.