Session details
Directors and boards face increasing criminal prosecution and personal liability for oversight failures. For example, in November 2024, the Italian Supreme Court convicted all members of a company’s board of directors for manslaughter after a workplace safety failure, highlighting that delegating tasks does not absolve board members from ensuring robust organisational controls and compliance. Similarly, the UK’s new 'failure to prevent fraud' offence which came into force in September 2025 exposes directors and executives to criminal sanctions if their companies lack effective anti-fraud procedures even if senior management was unaware of the specific misconduct.
These cases demonstrate the urgent need for boards to understand and fulfil their duty to prevent corporate crime, ensuring personal accountability for oversight and governance lapses. The panel will examine how board members and executives can manage personal liability while fulfilling their duty to prevent corporate crime. Focusing on practical strategies, we will discuss how effective governance, compliance systems, and good corporate housekeeping such as oversight, internal controls and ethical cultures can protect both the individual and the company.
Real case insights will illustrate how proactive leadership balances regulatory expectations with business priorities in today’s cross-border landscape.
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