Failure to prevent fraud offence: The impact for compliance and investigations teams
Global investigations and compliance masterclass
Event Details
Webinar
United Kingdom | May 23, 2023The UK Government has confirmed that it will introduce a new ‘failure to prevent fraud’ offence, which is likely to come into force in 2024. This new offence forms part of broader reforms in the government's fight against fraud and economic crime.
In this webinar, we will discuss what types of activity will be caught by the offence in practice, which companies the offence will cover, and how best to approach putting in place reasonable procedures given overlaps with ABC and fraud-prevention procedures.
