In recent years, we have seen a seismic shift globally towards offences aimed at combatting corruption, fraud, tax evasion and money laundering. The UK’s new corporate criminal offence of the failure to prevent the facilitation of tax evasion (the “CCO”), which entered into force on 30 September 2017, is yet another targeted tool being employed by the UK government and Her Majesty’s Revenue & Customs (“HMRC”) to bolster existing anti-bribery, corruption and money laundering offences.…
A key challenge of supply chain compliance management is access to reliable real-time information. Apps and technology tools can offer a possible solution, though they also come with some risks. There is an increasing array of data analytics products utilizing data on the market that seek to support supply chain compliance by providing up-to-date data and other analytics to help businesses navigate increasingly complex supply chain compliance issues. The COVID-19 pandemic has seen even more…