The panel said it was pleased the government had decided to take on the Law Commission’s recommendations, particularly conspiracy to defraud, which is seen as a vital weapon in the legal armoury to prosecute habitual fraudsters.
Ros Wright, chairman of the panel and former director of the Serious Fraud Office, said: ‘Abolishing the old offence of conspiracy to defraud would have severely restricted the Crown’s ability to prosecute large and serious fraud cases.
‘The statute allows juries to be shown evidence of a pattern of dishonest behavious rather than what appears to be just a string of minor frauds. It allows them to get a true picture of just how devastating a large number of these can become.’
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season