Course overview
The UK's Failure to Prevent Fraud offence has fundamentally changed expectations for large organisations, placing fraud prevention firmly on the agendas of Boards, legal teams, compliance functions, risk professionals and senior management.
Introduced under the Economic Crime and Corporate Transparency Act 2023, the offence creates potential criminal liability where an employee, agent, subsidiary or other associated person commits fraud for the benefit of the organisation and reasonable fraud prevention procedures are not in place.
This highly practical one-day training course provides delegates with a clear understanding of the legal framework, the organisations and activities that may fall within scope, and the steps needed to design, implement and evidence proportionate fraud prevention arrangements.
Through practical exercises, case studies and implementation workshops, delegates will learn how to assess fraud risks, apply the government's six principles for reasonable procedures, strengthen governance and oversight arrangements, and develop a defensible fraud prevention programme tailored to their organisation.
Key topics covered include:
- Scope of the offence
- Large organisation thresholds
- Associated persons and benefit
- Reasonable procedures framework
- Risk assessment and governance
- Documentation and defensibility
- Implementation priorities
By the end of the training course, participants will have a practical roadmap for assessing their current arrangements, identifying gaps and strengthening their organisation's ability to prevent, detect and respond to fraud risks. There will also be time during the day to ask your specific questions to the expert trainer.
CPD Hours: 6
Course Content
- Day 1
- Understanding the failure to prevent fraud offence
- Practical exercise: Scenario-based liability assessment
- Applying the six principles of reasonable procedures
- Practical exercise: Mapping existing controls against the six principles
- Fraud risk assessment in practice
- Practical exercise: Functional risk assessment workshop
- Governance, accountability and board oversight
- Practical exercise: RACI framework workshop
- Policies, controls, training and documentation
- Practical exercise: Documentation gap analysis
- Investigations, scenarios and defensibility
- Practical exercise: Case study analysis and response planning
- Developing a 90-day action plan
- Workshop: Personal organisational action plan
Speakers
Adrian Flasher
Adrian Flasher is a senior prosecutor and regulatory lawyer with substantial experience leading and advising on complex criminal and regulatory investigations. As a Principal Prosecution Litigation Lawyer, he specialises in fraud, financial crime, corporate misconduct, and regulatory enforcement. Throughout his career, Adrian has worked at the forefront of criminal prosecution and regulatory action, advising on some of the most challenging and sensitive investigations. His expertise spans investigative strategy, evidential assessment, disclosure management, prosecutorial decision-making, and trial preparation. Combining deep litigation experience with a detailed understanding of regulatory objectives and public interest considerations, Adrian provides strategic advice on enforcement action, governance, compliance, and corporate risk. He is particularly recognised for his ability to navigate complex cases involving multiple stakeholders, significant evidential challenges, and novel areas of law. Adrian is a regular speaker on criminal enforcement, fraud prevention, corporate criminal liability, and regulatory investigations, bringing a practical prosecutor's perspective to organisations seeking to understand and manage legal and regulatory risk.Who Should Attend
Who should attend?
This course is designed for all professionals with responsibility for legal compliance, governance, fraud prevention, risk management and organisational oversight, including:
- In-house Lawyers and General Counsel
- Heads of Legal
- Compliance Officers and Heads of Compliance
- Risk Managers and Heads of Risk
- Internal Auditors
- Company Secretaries
- Corporate Governance Professionals
- Finance Directors and CFOs
- Board Directors
- Non-Executive Directors
- Fraud Investigators
- Procurement Managers
- HR Directors and HR Business Partners
- Ethics and Conduct Officers
- Financial Controllers
- Audit Committee Members
