This statement is published in accordance with the Criminal Finances Act 2017 (CFA 2017) and outlines King’s College London’s commitment to preventing the criminal facilitation of tax evasion by persons associated with the University and its subsidiaries.

The CFA 2017 introduced a Corporate Criminal Offence (CCO), making it unlawful for an organisation to fail to prevent its employees, agents, or other associated persons from criminally facilitating tax evasion, whether in the UK or overseas.

King’s College London does not tolerate tax evasion or its facilitation. We are committed to conducting all our business dealings in an honest and transparent manner and expect the same from all associated persons.

We regularly assess the risk of tax evasion facilitation across our operations, including international activities. This includes:

• Identifying areas of potential exposure.
• Reviewing relationships with suppliers, contractors, and partners.
• Maintaining a risk register that reflects identified risks and mitigation strategies.

To mitigate risk, we have implemented proportionate prevention procedures, including:

• Due diligence checks on suppliers and partners.
• Contractual clauses that allow termination of relationships where tax evasion is identified.
• Integration of CFA 2017 compliance into related policies.

We promote awareness of the CFA 2017 through:

• Staff training and guidance materials.
• Engagement with sector bodies such as the British Universities Finance Directors' Group.
• Ongoing communication with HMRC and other relevant authorities.

Key officers responsible for CFA 2017 compliance include:

• Chief Financial Officer
• Chief Accountant
• Designated faculty and directorate officers

Any concerns or queries regarding this statement or related procedures should be directed to these officers.

See the Counter Fraud page for more information.