On 1 September 2017, HMRC published guidance for companies and organisations to follow in respect of the new corporate offences of failure to prevent facilitation of UK and foreign tax evasion. These new rules came into force on 30 September 2017 pursuant to Part 3 of the Criminal Finances Act 2017 (CFA).
Broadly, it will be a defence against the new offences for the company or organisation to prove that they had in place prevention procedures. Guidance as to these prevention procedures has now been published in final form.
The guidance can be viewed here.