Shearman & Sterling: UK Business Crime Review 2021

08 Mar 2021 9:08 AM | Anonymous member (Administrator)

While this publication primarily focuses on the introduction and use of criminal sanctions in the business crime space, we also consider key regulatory developments that are likely to be of interest to those managing financial crime risks within businesses. The pandemic has impacted the U.K. business crime landscape in several ways presenting new risks to identify and manage. Disrupted supply chains, remote workforces and economic pressures have created an environment ripe with opportunities for exploitation. Even though many of the risk-types are not new, the ways in which they are presenting themselves can be very different. For example, fraudulent schemes centring on the provision of PPE, access to testing and vaccines, and government loan schemes and other stimulus measures have become commonplace. In the U.K., like most other countries, dedicated taskforces have been created to target pandemic-related criminal activity.

Open publication

         twitter   linkedin

Midlands Fraud Forum Ltd. Reg.No: 06436330
Copyright © 2023
Disclaimer & Privacy Policy

Powered by Wild Apricot Membership Software