New Rules, New Risks - the new criminal offence of Failure to Prevent Fraud comes into effect on 1 September 2025 for ‘large companies’; but the impact extends to any organisation that conducts business on behalf of a large company. This timely session will provide clarity on the scope of the new offence, the defence of “reasonable procedures,” and the practical steps businesses should be taking now to prepare.
What the session will cover
- What the Failure To Prevent Fraud offence is and who is affected by it
- What constitutes the defence of ‘reasonable procedures’; and
- Why it is important for businesses to take immediate action
Key takeaways
You will leave with a clear understanding of the risks posed by the new offence and practical guidance on how to mitigate them—particularly in relation to providing fraud-prevention assurances to large company clients.
Speakers
Speakers include Phillippa Ellis, Paul Chadwick and Anna McIntyre from Capital Law's Business Crime & Investigations team.
Who should attend
This session is particularly relevant for Legal Counsel, Compliance Officers, Monitoring Officers, and others responsible for corporate compliance and risk oversight.
Location
Capital Law, Capital Building, Tyndall Street, Cardiff, CF10 4AZ
This is a free event with limited spaces, so be sure to secure your spot.
