"Failure to Prevent"

4/14/15: An article on Out-Law.com provides companies with an important heads up about a new criminal offence in the UK for companies that “… fail to prevent employees or agents committing economic crime …” The article quotes Laura Dunseath of law firm Pinsent Masons (which hosts Out-Law.com) , who says...it appears to be a matter of time before the new offense is adopted.  According to the article, the offense, proposed in 2014, “… would cover fraud, money laundering and other economic crimes.” The article is worth reading for any company doing business in the UK or under the jurisdiction of the UK Bribery Act.