The Economic Crime and Corporate Transparency Act 2023 (ECCTA) was intended to mark a pivotal shift in corporate governance and the battle against fraud. Receiving Royal Assent just over a year ago, the Act seeks to deploy ever more stringent measures to tackle fraud, particularly emanating from within large organizations based
OPINION: Failure to prevent fraud offence – well intentioned or naive?
Will the UK’s new failure to prevent fraud offence help or hinder companies? Tony McClements states his case.