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The Financial Conduct Authority (FCA) has published a consultation paper FCA CP24/2 on proposals to increase transparency around enforcement and investigations.

A substantial fine of £1.4 million in addition to costs and a confiscation order of £851,152.23 has been made against The Sweett Group plc following its conviction under section 7 of the Bribery Act 2010.

Southwark Crown Court recently handed down the first sentence in relation to a corporate conviction under section 7 of the Bribery Act 2010 which deals with 'Failure of commercial organisations to prevent bribery'.

In the context of an application to strike out or summarily dismiss a claim for fraudulent misrepresentation

The Ministry of Justice has today announced that the offences created by the Bribery Act 2010, including the new corporate offence, will all come into force together in April 2011.

Italy's UniCredit bank and two subsidiaries are paying $1.3 billion to US authorities to settle allegations of breaching sanctions.

HM Revenue and Customs (HMRC) has confirmed that it has opened its first investigations into the corporate criminal offence of failure to prevent the facilitation of UK tax evasion.

Companies need to take swift action to ensure adequate procedures to prevent and detect bribery. For many years the US has led the way in investigating corruption through the Foreign and Corrupt Practices Act.

With fraud allegations engulfing Patisserie Valerie, Nicola Sharp of business crime solicitors Rahman Ravelli emphasises the importance of preventing fraud and investigating any suspicions of it.

A conference to assess the most significant issues in corporate crime has been organised by Rahman Ravelli.

In the second case of its kind, Lion Steel Ltd has been charged with corporate manslaughter following the death of an employee.

The UK Serious Fraud Office ("SFO") has recently obtained convictions against four individuals who received corrupt payments in return for the disclosure of confidential procurement information relating to the award of £66 million offshore oil and gas engineering contracts in Iran, Egypt, Russia, Singapore and Abu Dhabi.

A new offence of "failing to prevent bribery" comes into force on 1 July 2011 and it will have an impact on employment practices.

Niall Hearty of Rahman Ravelli considers the findings of a Financial Conduct Authority survey.

But Syed Rahman, of business crime specialists Rahman Ravelli, believes the legislation falls short.

Criminal acts which take place on or after 1 July 2011, will be prosecuted under the new legislation, while crimes committed up to 30 June 2011 will be prosecuted under the old laws.

Effective today, July 12, 2016, employers found guilty of "knowingly" employing unauthorized foreign workers in the UK may face an increased prison term, and unauthorized foreign workers will be subject to criminal liability.

Corporate fraud continues to be a hot topic in the United States with high profile indictments of company executives, the loss of billions of dollars of shareholders’ money and, in some cases, the loss of thousands of jobs. This news story covers some of the key developments to date, providing the background for our centre-page feature on revenue recognition.