The new strict liability corporate criminal offence of Failure to Prevent Fraud (FTPF) comes into effect in England and Wales on 1 September 2025. ...more
8/26/2025
/ Corporate Counsel ,
Corporate Crimes ,
Corporate Liability ,
Criminal Prosecution ,
Failure to Prevent ,
Fraud ,
Internal Controls ,
New Legislation ,
Policies and Procedures ,
Regulatory Reform ,
Risk Management ,
Risk Mitigation ,
Serious Fraud Office (SFO) ,
UK
On June 15, 2023, the UK Government announced that it would seek to introduce the biggest reform of corporate criminal liability in England and Wales for more than 50 years. ...more