Failure to prevent fraud: Open house briefing

The Economic Crime and Corporate Transparency Act 2023 introduced a new corporate criminal offence of 'Failure to Prevent Fraud', which came into force on 1 September 2025.

This new legislation has far-reaching implications for businesses across all sectors. Join our online 'open house' to find out how organisations are responding, six months on, and gain a better understanding of how your business could be affected.

Who does the offence apply to?

"Large organisations" (as defined in the Act) face criminal liability where an employee, agent, subsidiary, or other "associated person" commits fraud intending to benefit the organisation.

Whilst smaller organisations currently fall outside the scope of the offence, they're not exempt from the financial and reputational risks that fraud presents. It's becoming increasingly common for larger commercial partners to require robust fraud prevention measures as a condition of doing business, regardless of company size.

Register now

Our in-person and online events are designed exclusively for clients and targets. As such, we reserve the right to cancel bookings. If you’d like to speak to a member of the team regarding your attendance, please contact us.