The Criminal Finances Act 2017
Classroom: £249 +VAT per person
When the Criminal Finances Act 2017 received Royal Assent in April 2017, it was described, along with the Bribery Act 2010, as the most important anti-corruption legislation to be passed in the UK in over 30 years.
The Act amends the Proceeds of Crime Act 2002 and introduces two new corporate offences of failing to prevent the facilitation of tax evasion. It will make entities criminally liable, if they fail to prevent tax evasion by either a member of their staff or an external agent, even if the business was not involved or was unaware of the act.
Amongst other provisions, the Act also introduces ‘Unexplained Wealth Orders’, increased asset recovery powers and extended powers to investigate money laundering.
It is vital that anyone with a responsibility for an entity's tax affairs, be it a company or an individual, fully understands this new legislation and the consequences of non-compliance.
This important course will guide you through the new corporate offences and how they will operate. It will take you through the measures that need to be put in place to comply with the Act and explains the financial penalties and sanctions that can be imposed if you don’t. Crucially, it will also guide you on how your organisation may establish a defence if it is alleged to have committed an offence under the new Act.
“ Excellent and knowledgeable presenter with great examples of real life situations. ”
“Good presenter who clearly knows her subject really well.”
This course is suitable for tax managers, financial controllers, compliance officers, company secretaries, directors and anyone with a responsibility for managing the tax affairs of their business, including third party tax advisers.
Rod was employed by HMRC for forty years and was recognised as one of their foremost investigators and compliance experts, specialising in criminal, civil and commercial fraud. His expertise includes internal company investigations, financial crime and proceeds of crime, money laundering, insolvency and asset recovery. He has also worked with a wide range of international law enforcement organisations providing advice on fraud and compliance issues.
Since leaving HMRC, Rod has been regularly engaged to provide expert assistance to both individuals and businesses. He is an internationally acknowledged authority on all forms of complex VAT/GST fraud and trade based money laundering and has extensive experience of different forms of supply chain and investor fraud.
Rod has broad experience of court procedures and has been recognised by the Court of Appeal as an expert in his field. During 2012, he was awarded the OBE in recognition of his services and expertise.