The Morning Risk Report: Pondering Compliance With Potential Economic Crime Law in U.K.

The Morning Risk Report: Pondering Compliance With Potential Economic Crime Law in U.K.

March 29, 2017, The Wall Street Journal

Ian Hargreaves is quoted in The Wall Street Journal’s “Morning Risk Report” regarding the UK Ministry of Justice’s consultation on whether to create new legislation to cover failure to prevent economic crime. According to Hargreaves, “To be required to introduce further systems and controls covering a wide ranging area of economic or financial crime, in addition to those implemented in relation to the Bribery Act, would seem particularly onerous and financially crippling to some companies.”