**Responsibility for financial crime and abuse has increasingly been placed on the shoulders of those who deliberately or recklessly facilitate the commission of the offence or assist in hiding the proceeds, or in some cases fail to prevent others doing so. **
THANKYOU=
this is 4 uk law…
Re: what does this mean?whats it asking and do you agree?
and your thread is about??? 
.....I think you forgot to mention your QTS.......UK LAW?....r u telling sumthin or tryna ask???....am not able to figure out what this thread is really about......
Responsibility for financial crime and abuse has increasingly been placed on the shoulders of those who deliberately or recklessly facilitate the commission of the offence or assist in hiding the proceeds, or in some cases fail to prevent others doing so. ** **THANKYOU= this is 4 uk law...
I agree with that statement for the most part... I'd like to know the scope of "financial crime" though - in legal terms, what is the nature of the "actus reus" in your question?
If we're talking about large-scale financial scams, then whether you faciliate, assist or fail to prevent the crime should be all punishable... the type of penalty of course being determined according to whether the person in question was an accomplice or an accessory to the crime... and if we're talking about accessory, then accessory-before-the-fact should have more severe penalties as opposed to accessory-after-the-fact.
In terms of facilitation of the crime, it should also be determined whether we're talking about aiding, abetting, or procuring...
Tell us more about the nature of your question to get a better answer.