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The Fraud Files EP7: Helping you prepare for failure to prevent fraud

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Manage episode 465111074 series 3359325
Content provided by Herbert Smith Freehills Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Herbert Smith Freehills Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Following the publication of the long-awaited Government Guidance on reasonable fraud prevention procedures, this episode seeks to help organisations prepare for failure to prevent fraud, the new offence which will come into effect on 1 September 2025. As part of this episode, Kate Meakin, Elizabeth Head and Alexandra Fitzgerald discuss the Guidance and in particular how organisations should be implementing its principles-based approach. While the Guidance is not prescriptive, it does provide some helpful advice on what the Government intended by 'reasonable' fraud prevention procedures, which the speakers explore as well as providing some practical considerations that organisations should be giving thought to now and how they can best prepare over the coming months. You can also read our accompanying briefing on this topic, which is available on our blog.

  continue reading

1012 episodes

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iconShare
 
Manage episode 465111074 series 3359325
Content provided by Herbert Smith Freehills Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Herbert Smith Freehills Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Following the publication of the long-awaited Government Guidance on reasonable fraud prevention procedures, this episode seeks to help organisations prepare for failure to prevent fraud, the new offence which will come into effect on 1 September 2025. As part of this episode, Kate Meakin, Elizabeth Head and Alexandra Fitzgerald discuss the Guidance and in particular how organisations should be implementing its principles-based approach. While the Guidance is not prescriptive, it does provide some helpful advice on what the Government intended by 'reasonable' fraud prevention procedures, which the speakers explore as well as providing some practical considerations that organisations should be giving thought to now and how they can best prepare over the coming months. You can also read our accompanying briefing on this topic, which is available on our blog.

  continue reading

1012 episodes

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