Butterworths Journal of International Banking and Financial Law

Authors: Eoin O'Shea

The UK is debating whether to reform criminal law in order to widen the liability of corporate bodies for a wide category of “economic crimes”. If implemented, companies would be vicariously liable if they failed to prevent such crimes by their agents, including directors, employees, subsidiaries and intermediaries, and the law would have far-reaching effects on business life.

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