Nick Barnard quoted on 2023’s Economic Crime and Corporate Transparency Act (ECCTA) and the widened scope for companies to be prosecuted for financial crime

Partner Nick Barnard has been quoted in FT Adviser about 2023’s Economic Crime and Corporate Transparency Act (ECCTA) and the widened scope for companies to be prosecuted for financial crime. Under the Act, the actions of senior managers can enable a company to be convicted.

While ECCTA does increase the opportunity for holding corporates liable for crimes committed by employees and directors, Nick says, the law only moves the dial from “almost impossible to quite difficult”.

You can read the full article in the FT Adviser.