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BDO and Fraud Advisory Panel: Guide to the Criminal Finances Act

14 December 2017

The Criminal Finances Act 2017 overhauls the UK anti-money laundering and confiscation regime and makes it much easier for authorities to prosecute tax evasion. BDO are proud to have worked with the Fraud Advisory Panel to produce this helpsheet explaining the legislation.

The Criminal Finances Act 2017 (CFA) gives new powers to law enforcement to recover the proceeds of crime and tackle money laundering, tax evasion, corruption and terrorist financing. In this useful helpsheet, the BDO team outline the new legislation, focusing particularly on the corporate offences of failing to prevent the facilitation of tax evasion. To read more on these offences, you can read BDO’s guide to corporate criminal offences and how to prevent them.

Corporate Criminal Offence eLearning