Are businesses prepared for new failure to prevent fraud laws? – The Lawyer

On 1 September 2025, a new law will come into effect under the Economic Crime and Corporate Transparency Act (ECCT). Large organisations may be held criminally liable where fraud is committed by an employee, agent, subsidiary or other “associated person”, with the intention of benefiting the organisation.

Following our previous article on the changes, Alex Jay, Andrew Robson and Ronak Mahdavi Jovainy answer some of the questions businesses may have about the new rules.

What do businesses need to be aware of to prepare for the new laws?

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