New economic crime centre is welcome but fails to address glaring holes

Tuesday, December 12th, 2017

CORE, alongside Traidcraft Exchange, Global Witness, and Corruption Watch have written to the Guardian in response to the Home Office’s announcement on a new economic crime centre.

Although the economic crime centre is to be welcomed, the letter points out that ‘large companies that commit economic crimes cannot be held to account under current laws’.

To properly address the issue of corporate crime, the legal framework must be changed to a ‘duty to prevent’ model, as in the current UK Bribery Act.

Read the letter »