Countdown to compliance: Five key priorities for those preparing for the UK’s new Failure to Prevent Fraud offence

On 1 September 2025, the UK’s new “Failure to Prevent Fraud” offence will come into force, reshaping corporate liability for fraud and effectively requiring companies to put in place “reasonable procedures” to prevent fraud. Fraud is also an enforcement priority for the UK government, as Nick Ephgrave, the Director of the Serious Fraud Office, has made clear.

Companies may be at different stages in preparing for the offence and putting in place “reasonable procedures”, with some having conducted risk assessments and compliance enhancement projects over the last two years and others with implementation projects which are likely to continue past 1 September. In their latest article on the topic, our team work through some of the short- and longer-term actions companies can take to prepare.

You can access the full article here.

Further information on this topic can be found on our failure to prevent fraud hub or you can listen to our Webinar: Preparing for 1 September.