Outside IR35 role being misclassified

I am being offered an "Outside IR35" role from a small/mid-sized company which has a presence in the UK. After reviewing the terms this is a clear misclassification as I cannot send a substitute and I am required to work regular hours. From what I have read, it sounds like the company employing me in this situation would assume all of the risk, fines, and back taxes in the event they get caught. Are there any risks for me, if the company gets caught doing this? Would this alter my tax situation?