Taxing Matters: The countdown to failure to prevent fraud is on (Part 3): Looking ahead: further developments for corporate criminal liability

From 1 September 2025, the new failure to prevent fraud offence will come into effect under the Economic Crime and Corporate Transparency Act 2023 (ECCTA). Statutory guidance issued by the Home Office sets out the framework that large organisations should implement by September 2025, to ensure they have in place reasonable fraud prevention procedures.

In this three-part special of RPC's Taxing Matters podcast, RPC's Tom Jenkins, Of Counsel and Financial Crime specialist joins Alexis Armitage, RPC's Taxing Matters podcast host, to discuss the new offence and its potential impact on businesses, and other developments relevant to the law of corporate criminal liability.

Part 3: Looking ahead: further developments for corporate criminal liability

In the final episode of the series, Alexis Armitage and Tom Jenkins discuss the future of corporate criminal liability, focusing on new and upcoming legal developments.

In this episode, they discuss:

• developments regarding “failure to prevent” offences, including bribery, facilitation of tax evasion, and the forthcoming fraud offence

• the potential impact of the proposed Crime and Policing Bill, which could significantly broaden corporate liability further, including in relation to non-financial crime offences

• key considerations for organisations in preparation for 1 September 2025, including compliance, training, and risk assessment.

 Explore the full series

Part 1: A recap on corporate criminal liability – Listen here

Part 2: What is failure to prevent fraud? – Listen here

All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice.