The Fraud Files: Decoding the Economic Crime Act: EP1 Failure to prevent – an introduction

Our new podcast, The Fraud Files: Decoding the Economic Crime Act, breaks down everything you need to know about the Economic Crime and Corporate Transparency Act, its impact on corporate criminal liability and the new offence of failure to prevent fraud. In this initial episode, Susannah Cogman, Elizabeth Head and Jessica Chappatte provide an overview of the key provisions of the new Act and its impact on corporates, as well as some teasers for future episodes.You can find links to further background reading mentioned in this episode below:Economic Crime and Corporate Transparency Act passed in UK ParliamentThe Economic Crime and Corporate Transparency Bill: where are we now?Further UK corporate criminal liability reform – corporates may be liable for actions of senior managersFailure to prevent fraud – what are the implications of the new offence?Don’t forget to subscribe to the blog.