Articles
Understanding ECCTA: New Corporate Offence Of 'Failure To Prevent Fraud' - What Do You Need To Know?
1 week ago |
mondaq.com | Emma Carr |Catherine Naylor |David Lowe |Teresa Edwards
On 1 September 2025, the new corporate offence offailure to prevent fraud will come into force -under the Economic Crime and Corporate Transparency Act 2023(ECCTA). The implementation of this offence marks a significantstep change in corporate accountability, shifting the focus fromreacting to fraud, to proactively preventing it. There arepotentially serious consequences for organisations that fall shortand do not take preventative action as required.
Understanding ECCTA: New corporate offence of 'Failure to Prevent Fraud' – what do you need to know?
2 weeks ago |
gowlingwlg.com | Emma Carr |Catherine Naylor |David Lowe |Teresa Edwards
ArticleOn 1 September 2025, the new corporate offence of failure to prevent fraud will come into force - under the Economic Crime and Corporate Transparency Act 2023 (ECCTA). The implementation of this offence marks a significant step change in corporate accountability, shifting the focus from reacting to fraud, to proactively preventing it. There are potentially serious consequences for organisations that fall short and do not take preventative action as required.
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Nov 5, 2024 |
mondaq.com | David Lowe |Sean Adams
Transcript David Lowe: Thank you for joining us for our session on boilerplate contracts. This is part of an occasional series on different aspects of boilerplate contracts. My name is David Lowe, I lead our Commercial Contracts team and I am a non-contentious lawyer, so I focus on drafting and reviewing contracts.
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Nov 5, 2024 |
mondaq.com | David Lowe |Sean Adams
David Lowe: Hello everybody and welcome to our boilerplate series. This is an occasional series about boilerplate and contracts. I am David Lowe I lead our Commercial Contracts team, and I focus on the non-contentious side reviewing and negotiating contracts and therefore of course of part of that making sure I have got the boilerplate right. Sean Adams: And I am Sean Adams, I am a partner in our Commercial Disputes team.
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