Ruth Paley writes in FT Adviser about the expanding reach of corporate criminal liability, and why even the most sophisticated compliance programs can’t substitute for a culture of accountability. In her latest article titled, “Compliance rules are expanding but only culture can truly prevent,” Ruth explains how Section 196 of the Economic Crime and Corporate Transparency Act, together with the proposed crime and policing bill, could expose companies to criminal liability for the acts of senior managers — this even absent knowledge or benefit. She explores the practical implications for boards, compliance officers, and leadership teams, emphasizing the urgent need to redefine governance, reporting, and cultural expectations across organizations.
