Criminal Finances Act (APSCo Quarterly Board Pack Briefing)Overview: The Criminal Finances Act came into force on 27 April 2017 and introduces new corporate offences of failing to prevent the facilitation of UK or foreign tax evasion. Part 3 will come into force through a Statutory Instrument in Autumn 2017. It introduces a new corporate criminal offence for businesses that fail to put in place reasonable procedures to prevent the facilitation of tax evasion by their employees and … [Read more...]