Published on Finance Division (https://www.finance.admin.cam.ac.uk)

Home > Policy & Procedures > Financial Procedures > Chapter 20 - Governance & Compliance > Relevant legislation and training > Criminal Finances Act 2017

Criminal Finances Act 2017

The new Criminal Finances Act (CFA) 2017 will make companies and organisations including universities criminally liable if they fail to prevent tax evasion by either a member of their staff or an external agent, even where the organisation was not involved in the act or was unaware of it.

This Act is included in the Anti-Bribery and Corruption course [1].


Source URL:https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-20-governance-compliance/relevant-legislation-1

Links
[1] https://www.finance.admin.cam.ac.uk/Compliance/anti-bribery-and-corruption-training