Overview

This course, formerly "Complying with the Criminal Finances Act 2017", provides essential knowledge on UK criminal corporate liability, briefly touching on the Bribery Act 2010, with a central focus on the failure to prevent fraud (Economic Crime and Corporate Liability Act 2023) and failure to prevent tax evasion (Criminal Finances Act 2017) offences.

Objectives

By the end of the training, the learner will be able to:

• Identify when organisations become criminally liable for fraud and tax evasion under ECCTA 2023 and CFA 2017
• Recall the difference between tax evasion and tax avoidance
• Explain what constitutes "reasonable procedures" and how they provide a defence against corporate liability
• Assess organisational risks and design appropriate fraud and tax evasion prevention measures
• Apply these legal requirements to real-world situations.