Welcome to Season 2 of the award-winning Data Driven Compliance. In this new season, we will look at the new Failure to Prevent Fraud offense. Join host Tom Fox as we explore this new law and how to comply with it through the lens of data-driven compliance. This podcast is sponsored by konaAI. In this episode of Season 2, Tom Fox is joined by Jonathan Armstrong.
Tom and Jonathan explore the historical context of fraud laws in the UK, the See more +
Welcome to Season 2 of the award-winning Data Driven Compliance. In this new season, we will look at the new Failure to Prevent Fraud offense. Join host Tom Fox as we explore this new law and how to comply with it through the lens of data-driven compliance. This podcast is sponsored by konaAI. In this episode of Season 2, Tom Fox is joined by Jonathan Armstrong.
Tom and Jonathan explore the historical context of fraud laws in the UK, the specifics and implications of the new legislation, the role of the Serious Fraud Office under the new rules, and its impact on corporations, especially those with international operations. Jonathan also outlines necessary steps corporations need to take to comply with the Act and prevent fraud within their organizations, including the importance of thorough risk assessments, top-level commitment, and effective communication and training programs.
Key highlights:
• Key Legal Points of the New Law
• Jurisdiction and Global Impact
• Fraud Risk Assessment and Prevention
• Technological and ESG Fraud See less -
