Failure to Prevent Framework: 2026 Update on the Corporate Obligations

Introduction

The Economic Crime and Corporate Transparency Act 2023 introduced new corporate obligations to prevent fraud and economic crime, which are now embedded within the UK corporate compliance landscape.

With fraud and financial crime inexorably rising and a growing government focus on the use of company structures to facilitate organised crime, it has never been more important for companies to understand their responsibilities and take active steps to manage the risk of financial crime and other criminal activity in their business.

Regulatory expectations have continued to evolve, with a clear shift away from a focus on policies and procedures alone towards the operational effectiveness of fraud prevention frameworks. This includes how organisations identify and manage risk, oversee third parties and evidence reasonable procedures across complex and often global operating models.

Organisations are increasingly expected to demonstrate not only awareness of these obligations, but also the effectiveness of the preventative controls and governance frameworks they have in place.

This short update webinar will examine how the failure to prevent regime is now being applied in practice, what regulators expect to see in terms of reasonable procedures, and how organisations can evidence compliance across fraud, bribery and tax evasion risks.

This webinar is ideal for company directors and senior officers, compliance staff, finance directors and legal support staff.

What You Will Learn

This short webinar will cover the following:

• The current position of ‘failure to prevent’ and the principle of the corporate identification doctrine
• How the offence of failure to prevent fraud continues to evolve in practice
• Risk mitigation, government guidance and the ‘six guiding principles’
• Associated changes to existing corporate liability
• Latest enforcement and case studies

This pre-recorded webinar will be available to view from Friday 4th September 2026

Alternatively, you can gain access to this webinar and 2,400+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.