Getting ready for failure to prevent fraud

Wed 17th Apr 2024
16:00 – 18:30 BST
Press Office
[email protected]
+ 44 (0)20 3096 7695 
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Weekends; Weekdays (17.30-21.30):
+44 (0)79 6456 0340

This event is for members of the Business Integrity Forum. Contact [email protected] for more details on Forum membership.


At the heart of every effective compliance programme are procedures that prevent bribery and corruption from taking place. Yet with fraud making up 40 per cent of all crime in the UK and limited successful prosecutions to date, there is more to be done to protect corporations and individuals from fraudulent activities.

With the new ‘failure to prevent fraud’ criminal offence coming into force as part of the Economic Crime and Corporate Transparency Act companies will need to review their compliance programme and assess if new controls are needed.

Government issued guidance outlining what ‘reasonable procedures’ should be in place to prevent fraud will be published this spring and bring the new offence into force.

But what does it mean in practice for companies?

Significant changes to risk frameworks, systems and processes will be needed to ensure you are complying with the requirements of the new offence. This is an opportunity for companies to leverage and adapt existing procedures and controls.

We are delighted to be joined by the Home Office – the department leading on the policy and drafting the guidance – and other expert voices at our next Business Integrity Forum on Wednesday 17 April, 16:00-18:30 GMT+1.

Join us for practical advice on how to prepare for when the new offence comes into effect, including:

  • A summary of the anticipated changes and breakdown of what ‘reasonable procedures’ should be in place to prevent fraud,
  • How to leverage existing experience and lessons learned in your current ABC systems and controls,
  • What support and guidance will be available to you.



  • Penny Dunbabin is Senior Policy Lead in the Fraud Policy Unit at the Home Office
  • Sam Tate is Partner at RPC
  • Chara de Lacey is Head of Business Integrity at Transparency International UK (moderator)

*More speakers will be announced soon