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Why new laws to prevent fraud may affect the public sector

Overview

The UK Government is planning a big change in corporate law, making boards criminally liable for certain offences perpetrated by their employees that will include fraud.


On the face of it, this is targeted at commercial organisations, but it may also affect public sector and not-for-profit organisations.


This article, the first in a series on internal fraud risks, covers plans proposed by the UK Government to expand the responsibilities of board members to address fraud risks.


 

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