In an era where business transparency and corporate responsibility are at the forefront, the UK stands poised to redefine its economic legal framework. "New “Failure to Prevent Fraud” offence policy template provides you with protection into the imminent legal changes, notably the anticipated "failure to prevent fraud" offence slated for introduction in 2024.

Drawing insights from the recent fact sheet released by the Home Office and with the backing of renowned institutions such as the Serious Fraud Office and the Crown Prosecution Service, this policy offers a comprehensive template of the transformative amendments to corporate criminal liability.

Key highlights include:

- A critical analysis of the transition from the traditional “directing mind and will” test to the potentially groundbreaking “senior managers” test.

- Speculative discourse on the "failure to prevent money laundering" offence and its implications.

- The 8 offences you can fall foul of (some without realising)

An essential piece of governance for business leaders, legal professionals, and policy owners, this policy reflects the adherence to the aspirations of a nation committed to fostering a transparent, fair, and prosperous business landscape, without fraud.