Modern minefield

• Localización: The Lawyer, ISSN-e 0953-7902, Vol. 30, Nº. 38 (11/9/2015), 2015
• Idioma: inglés
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• Resumen

  • Section:

    Special report Risk management Don't let your clients do a TalkTalk. Our experts consider a variety of business risks, and highlight prudent strategies in the digital world Q The Government recently announced it is not proceeding with a proposed corporate offence of failure to prevent economic crime. Does this improve the risk outlook for companies? Tim Strong, partner, Taylor Wessing: In one sense companies can breathe a sigh of relief. The offence would have significantly increased the exposure of corporates to criminal responsibility for the acts of their employees. It would have required a root-and-branch review and upgrading of the procedures companies had in place to prevent economic crime, as happened when the Bribery Act was introduced