Failure to prevent fraud offence

Where are we now and what does this mean for UK and non-UK companies?

Webinar

Global | February 28, 2024

The new ‘failure to prevent fraud offence’ will soon be coming into force (either later this year or early in 2025).

Many companies are currently considering how they will be caught by the new offence, and what procedures need to be enhanced to manage fraud risks.

In this webinar, members of our UK and EU investigations and compliance teams discussed:

Scenarios which will trigger the new offence
How to prepare (including how to conduct effective risk assessments, identify controls gaps, and make enhancements)
How non-UK companies might be affected – and what this means for group compliance programmes