Anna Jane McIntyre

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) marks a major shift in how corporate crime is tackled in the UK - introducing tougher regulations and broader liability for businesses of all sizes. With new offences like Failure to Prevent Fraud and a wider Identification Doctrine, the risk of prosecution is now very real for organisations that aren't prepared.

At a recent All-Party Parliamentary Group and Spotlight on Corruption event, the UK's newly appointed anti-corruption champion Baroness Hodge repeated calls for a new offence that would hold "professional enablers", including lawyers and accountants, liable for failing to prevent economic crime.

Date: 29 May 2025 Time: 11:00 AM UTC Duration: 60 min Language: English Format: Online The Economic Crime and Corporate Transparency Act 2023 (ECCTA) marks a major shift in how corporate crime is tackled in the UK - introducing tougher regulations and broader liability for businesses of all sizes. With new offences like Failure to Prevent Fraud and a wider Identification Doctrine, the risk of prosecution is now very real for organisations that aren't prepared.