Law Commission proposals to make directors more accountable for economic crimes at the companies they oversee have been condemned as a “thundering disappointment”.
MPs from the all-party parliamentary group (APPG) on anti-corruption and responsible tax criticised the proposals for England and Wales, published on Friday, as “unambitious, uninspired and insipid”, saying the Law Commission had excluded essential changes that would have made it easier to punish companies and directors for failing to prevent money laundering.
