Failure to prevent fraud: territorial applicability

Under the UK offence of failure to prevent fraud, 'large organisations' will be liable for acts by employees and others involved in its business. Thomas Cattee of Gherson Solicitors finds that not just UK companies are caught.

Thomas Cattee (+44 (0) 20 7724 4488, tcattee@gherson.co.uk) is a partner at Gherson Solicitors.

Under the UK offence of failure to prevent fraud, 'large organisations' will be liable for acts by employees and others involved in its business. Thomas Cattee of Gherson Solicitors finds that not just UK companies are caught.