September 2026 marks the first anniversary of the corporate criminal offence of failure to prevent fraud coming into force under section 199 of the Economic Crime and Corporate Transparency Act 2023 (ECCTA). The Home Office guidance recommends that organisations review their fraud prevention measures at least every 12 months.
For companies supplying goods, works, or services to the Ministry of Defence (MoD), the obligation to conduct that review has never been more pressing in light of a landmark parliamentary report, a record-setting deferred prosecution agreement against a British defence supplier, and a significant expansion of corporate criminal liability under the Crime and Policing Act 2026. The question for every supplier is whether its fraud prevention framework is fit to operate in this new regulatory landscape.
The Legal Landscape: Two Offences, One Compliance Challenge
The…
Scammers capitalize on major disasters or heart-wrenching stories to solicit donations for non-existent charities. They often use names that are very similar to well-known, legitimate organizations to confuse donors.