UK prosecutors struggling to enforce corporate liability for fraud and money laundering will need more than tough words from the government, which has passed up an opportunity to introduce new legislation. For years, precious little had been heard from the government as it examined whether to reform economic crime laws — for
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Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.