There have long been calls for greater senior executive accountability for economic crime but not much research to show the scale of the UK’s enforcement gap for senior executives. In January 2024 we published a major report: Power Without Responsibility: The state of senior executive accountability for economic crime in the UK today.
We found that senior executives at the helm of large British companies that engage in economic crime, financial wrongdoing or regulatory breaches almost never face any consequences at all – and we called for a major review of the law and change in prosecutorial strategy.
An important contribution on a topic that has plagued UK Plc for years, the report was launched at a well-attended panel event held jointly with the All Party Parliamentary Group on Anti-Corruption and Responsible Tax, and heard views from the Institute of Directors, Lord Tyrie and was chaired by Dame Margaret Hodge MP. Media coverage of the report included a story in City AM and an opinion article in the Financial Times.
