Better Laws

UK government finally commits to reforming corporate criminal liability

• James Bolton-Jones

• Dr Susan Hawley

Yesterday the government signalled it will introduce amendments on corporate criminal liability reform in the Economic Crime and Corporate Transparency Bill. We strongly welcome this major development on an issue...

Patchy progress towards effective AML supervision highlights the urgency of reform

• Dr Helen Taylor

In the dying days of 2022, HM Treasury released two years of covid-backlogged data on Anti-Money Laundering (AML) supervision in the UK. This 2020-2022 report yields no clear picture of...

Is long-awaited reform of the UK’s outdated corporate prosecution rules coming one step closer?

• Dr Susan Hawley

Today, veteran economic crime campaigner Margaret Hodge MP put forward some bold and crucial amendments to the Economic Crime and Corporate Transparency Bill currently going through Parliament to dramatically improve...

A Privileged Profession? How the UK’s legal sector escapes effective supervision for money laundering

From setting up complex company structures for clients to helping purchase luxury real estate and negotiate mortgages, lawyers play a critical role in facilitating and legitimising money flows. Their role...

Lawyers face near impunity for breaching money laundering rules in UK

Law firms in the UK face almost zero risk of criminal enforcement if they breach money laundering rules, and very little prospect of meaningful fines, according to a report released...