The Ministry of Justice has announced a review of corporate criminal liability laws to consider reforms which will ensure businesses are appropriately held to account. The project will consider whether any new offences need to be created to make it easier to prosecute crimes such as fraud, money laundering and false accounting.
This could be extremely beneficial for the temporary labour market which can be attractive to criminals by virtue of the high turnover of funds (i.e. independent workers’ income) and the transient nature of the business. We know that some firms pose as compliant businesses, whereas in fact they are anything but, and instead they are fraudulent and getting away with it due to the ineffective laws currently in place. For that reason we will be monitoring the progress of this review, and hope that tougher sanctions are brought in as a result.