Failure to prevent fraud offence in the UK: The impact for compliance and investigations teams

The 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.

CPD information

This session is valid for 0.75 CPD unit. Please ensure this meets the requirements within your jurisdiction. This session is valid for 0.5 CPD unit in WA and Qld. To find out more, visit our CLE Library.

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This webinar was recorded on 23 May 2023.

Recommended CPD category:

• Substantive law (NSW/Vic/WA/Qld) | Core Area 4 - Substantive law and procedural law (ACT)] 

Disclaimer:

You must check the professional requirements applicable in your own jurisdiction to ensure that the webinar content and activity format is eligible for CPD units in a given CPD year.  Please refer to guidance here. The contents of this webinar may not be current as at the date of accessing this webinar. Our webinars are intended to provide general information and do not constitute legal advice. 

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