Rahman Ravelli’s Aziz Rahman, Nicola Sharp and Syed Rahman were asked to write one of the major chapters for the 2024 International Comparative Legal Guide – Business Crime.
Their expert analysis chapter, “The Business Crime Landscape’’, examines the most notable national and international issues.
The chapter includes an assessment of the UK’s Economic Crime and Corporate Transparency Bill, particularly its proposed changes to corporate criminal liability and introduction of a failure to prevent fraud offence. It also examines developing areas such as sanctions, Cum-Ex and cryptocurrency.
Aziz, Nicola and Syed analyse matters such as tax evasion, bribery and money laundering. They detail how the UK’s Serious Fraud Office functions, including how it has struggled with disclosure and corporate liability.
The chapter also explains account freezing and account forfeiture orders, unexplained wealth orders (and how they can be challenged) and the impact so far of deferred prosecution agreements.
The chapter can be read here.