From Risk to Readiness: Preparing for Failure to Prevent Fraud

ON-DEMAND WEBINAR

The Failure to Prevent Fraud offence, introduced under the Economic Crime and Corporate Transparency Act 2023 and taking effect from September 2025, is a significant step in the UK’s regulatory crackdown on corporate misconduct. It is designed to hold organisations accountable where an associated person, such as an employee, subsidiary or agent, commits fraud intending to benefit the organisation or its clients.

Whether you are part of a large financial institution or a growing firm, this session is designed to help you understand your responsibilities and take proportionate, practical steps toward compliance.

This change will require firms to take a more proactive approach to identifying fraud risks and strengthening internal frameworks. To help clarify what this means in practice, we brought together a panel of experts, including a regulatory consultant, a financial crime practitioner and a legal specialist, to break down the offence and provide practical advice for firms preparing for implementation.

In the session, we covered

• What the offence covers and why it matters
• Who’s in scope and how to find out
• What counts as an “associated person”
• Where fraud risks may be hiding in your business
• How to start building a compliant response now

Our expert panel

Speak to our team

For more information about the webinar and to learn how we can assist you, contact our specialist team to schedule a free consultation.

Get in touch with us by calling 020 7436 0630 or emailing: info@thistleinitiatives.co.uk.