Accountants' Body Calls For More Money For War On Fraud
By Joel Poultney (June 22, 2022, 12:35 PM BST) -- A trade body for chartered accountants has said that the structures set up to tackle fraud and organized crime in the U.K. are inadequate, joining calls for greater regulatory and financial investment to tackle the problem.
The Institute of Chartered Accountants in England and Wales said on Tuesday that more money is required to curb the increasing incidence of fraud across the country. The financial or regulatory response is inadequate for tackling the scale and complexity of criminal activity, the institute added.
The body warned that the pandemic has exposed cross-border fraudulent activity and helped heighten it. It argues that Britain...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!