SFO to Consider Extending Company Liability Beyond Bribery

Britain’s top corporate fraud prosecutor, the Serious Fraud Office, says it wants to take the idea of holding companies responsible for corporate crimes committed by employees, a concept established under the Bribery Act, and extend it to other types of activity. Compliance executives are pushing back on a plan they say is flawed. “It would be a bit like prosecuting homeowners for being burgled,” says Geoff Cruikshanks, executive vice president of legal services, risk, and compliance at global logistics company DHL.
Source: Risk and compliance