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Burma campaign UK to revive Burma ‘dirty list’ of companies linked to human rights violations

Wednesday, November 8th, 2017

Burma Campaign UK is planning to name and shame companies linked with human rights violations in Burma, publishing a revived version of its ‘Dirty List’ in early 2018.

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G20 2017 Declaration: Key points on corporate accountability and labour rights

Tuesday, July 11th, 2017

The G20 has endorsed a set of High Level Principles on the Liability of Legal Persons for Corruption and committed to ensuring that companies benefitting from corruption can be held liable.

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Unfinished business – legislating to tackle economic crime

Thursday, May 11th, 2017

In the flurry of activity following the announcement of the 2017 general election, several bills were rushed through before the end of the parliamentary session. One of these was the Criminal Finances Bill, which meant that debates on its contents had to be curtailed.

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Shell’s corruption scandal starves Nigeria of its potential

Tuesday, April 11th, 2017

Following news last week that it has delayed the clean-up of oil spills in the Niger Delta, multinational giant Shell is now embroiled in what campaigners are calling one of the biggest corruption scandals in the history of the oil sector.

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Update on Lords debate of Criminal Finances Bill

Wednesday, April 5th, 2017

Corporate criminal liability reform and a proposed new offence of ‘failure to prevent economic crime’ were debated in the House of Lords yesterday (3 April), during the Criminal Finances Bill second Committee day.  You can read the Hansard here.

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Corporate crime: where are we now?

Monday, April 3rd, 2017

It’s day two of Committee Stage in the House of Lords. This involves detailed line by line examination of the separate parts of the bill.

As a reminder, the bill will create a new corporate offence of ‘failure to prevent tax evasion’, extending the ‘failure to prevent’ model in the UK Bribery Act 2010 to corporate tax evasion, although there is some question over what, if any, differences there are between ‘adequate procedures’ as specified by the Bribery Act and ‘reasonable procedures’ as specified in the new failure to prevent facilitation of tax evasion offence.

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Tesco’s fine for false accounting throws up many questions

Tuesday, March 28th, 2017

Supermarket chain Tesco escapes prosecution and pays a £129m fine and £85m in compensation to shareholders over 2014’s accounting scandal.

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House of Lords considers new law to tackle corruption and human rights abuse

Monday, March 13th, 2017

Last week (8 March) cross-party Peers debated much needed legal reform to tackle widespread corruption and human rights abuses committed by multi-national corporations.

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Lords to consider how to punish and deter corporate crime

Monday, March 6th, 2017

Later this week the House of Lords will debate the Criminal Finances Bill.

This is a government bill to amend the Proceeds of Crime Act 2002.

The bill will create a new corporate offence of ‘failure to prevent tax evasion’, meaning companies could be prosecuted for not having procedures in place to stop tax dodging.

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CORE and partners support MPs call for corporate liability reform

Wednesday, February 22nd, 2017

CORE and our partner organisations are calling for the law to be changed so that companies and banks can be held to account for fraud and money laundering.

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Changing the rules to end corporate impunity

Monday, November 21st, 2016

An important bill aimed at tackling the big issue of corruption is currently making its way through Parliament. It is called the Criminal Finances Bill.

Money laundering, recovering the proceeds of crime, tax evasion and terrorist funding are among the key targets for Home Secretary Amber Rudd. In her 10 November speech to the Financial[…]

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