Should the reporting of fraud be made compulsory?
Security Thought Leadership: in conversation with Martin Gill - A podcast by Martin Gill - Mondays
At present there is no legal requirement in most countries for a company to report a fraud. This is in contrast to money laundering, where there is a duty to raise a suspicious activity report (SAR) should money laundering be suspected. The widespread nature of fraud and its severe impacts raises the issue of whether the reporting of fraud should also be made mandatory, meaning that shareholders, employees, suppliers, and the general public would be fully aware of anything that may adversely ...
