Conclusion

This course provided you with a broad overview of the legal control procedures over various fraudulent and criminal behaviours: insider dealing, market abuse, fraud, money laundering, bribery, tax evasion, and fraudulent and wrongful trading.

This course has also helped you focus on three particular skills: reading criminal law legislation, problem-solving, and writing summaries.

You should now be able to:

• understand the nature of, and legal controls over, insider dealing and market abuse
• describe the nature of, and legal controls over, fraud and money laundering, including relevant policies, procedures and controls
• recognise the nature of, and legal controls over, bribery
• discuss potential criminal activity in the operation, management and liquidation of companies, including fraud and the failure to prevent the facilitation of tax evasion
• recognise the nature of, and legal controls over, fraudulent and wrongful trading.

This OpenLearn course is an adapted extract from the Open University course B251 Business Law.