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CPS Prosecutions: Serious Crime

Volume 703: debated on Thursday 18 November 2021

Through its three national central casework divisions and 13 regional complex casework units, the CPS continues to work with the National Crime Agency and other criminal justice partners to bring offenders to justice for a range of serious crimes, including serious and organised crime, terrorism, and serious and complex economic crime.

The Serious Fraud Office has made clear that a new criminal offence of failure to prevent economic crime would significantly increase the number of successful prosecutions for fraud. What steps are we taking to bring that about?

My hon. Friend is right to raise this issue. Economic crime is not a victimless crime; it strikes at the very heart of the society that we want to be. I am pleased to see that the Law Commission published its discussion document on corporate criminal liability earlier this year. Both the CPS and the SFO provided input, and took part in a series of events to share their operational insights. The Law Commission is aiming to publish an options paper early next year, and will then work with the Government to implement any next steps.