From 1 September 2025, large businesses must continually assess their compliance with the offence of failure to prevent fraud (FTPF) under the Economic Crime and Transparency Act 2023 (ECCTA), by reference to the Home Office guidance published in November 2024 (the Guidance). While the offence applies directly to large organisations, smaller businesses may be associates, triggering potential liability for their larger counterparts, and subsidiaries of large organisations may also fall within scope.
We have developed a toolkit to aid business leaders in assessing how to better support their teams to meet the standards required to reduce the risk of their businesses facing criminal liability for the offence.
What do you need to know from the Guidance?
Applying the Guidance to your business
Achieving a holistic approach to compliance
Our multi-purpose toolkit to help you pivot to the new standards, includes:
- Understanding jurisdictional reach: Could your international organisation be in scope of the UK failure to prevent fraud offence? Find out more here >
- Five-day countdown to 1 September: What questions can business leaders be asking to check their readiness? Find out more here >
- Interpreting the statutory guidance: What additional guardrails, exclusions and limitations are in the guidance? Find out more here >
- Actionable next steps: What steps can you proactively take now to build on existing economic compliance frameworks? Find out more here >
Want to know more?
We're here to help you navigate these changes with confidence; our failure to prevent fraud toolkit summarises the guidance and provides you with a detailed analysis and proactive steps to take to get ready for implementation.
If you would like a conversation on how this will affect you and your business specifically, please reach out to one of our key contacts.
