Government to introduce white collar crime legislation
The federal Department of Justice announced this morning that it will be introducing legislation tomorrow to combat white collar crime by providing "tougher sentences" for fraud. According to the press release, the legislation would add new aggravating factors to be considered in sentencing those guilty of fraud. Of particular note, one of the aggravating factors that could be considered is "if the offender failed to comply with applicable licensing rules or professional standards." As the legislation has yet to be released, further details are not available and it is unclear whether any specific licensing rules or professional standards will be cited.
Further information will be provided once the draft legislation has been released.
