Failure to Prevent Fraud

Fraud can seem distant from everyday work, but new laws mean organisations are now expected to show they’re actively preventing it. The ‘failure to prevent fraud’ offence under the Economic Crime and Corporate Transparency Act (ECCT) 2023 makes it clear that prevention is now everyone’s responsibility.

This course will help you build skills in legal compliance and accountability. You’ll learn what the offence involves, how to recognise potential signs of fraud in everyday situations, and what steps to take if you spot suspicious behaviour. Together, these actions help protect colleagues, customers, and the reputation of the organisation.

Learning Objectives

Explain the relevance of the ECCT Act and why it’s important to prevent fraud
Identify what signs might suggest a risk of fraud in the workplace
Describe what steps employers are expected to take to promote an anti-fraud culture in the workplace
Outline the steps to take if you have concerns about suspicious behaviour