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What is the territorial scope of the Failure to Prevent Fraud Offence?

A man holds Zimbabwean Dollar Bond Notes.
Photo: Dan Kitwood/Getty Images

Thomas Cattee | Gherson

3 min read
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Considerations for compliance in large organizations.

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) created a new offence of Failure to Prevent Fraud (FtPF), which will come into force in September 2025. A key question for those seeking to design compliance processes prior to September is what the territorial scope of the FtPF offence is,

The ECCTA

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