- Live online
- In-house
- 6 CPD hours
Fraud Prevention in Practice Training Course
Governance, Controls and Compliance
Learn how the offence of Failure to Prevent Fraud affects your business, how to build a practical, defensible fraud prevention framework that meets legal requirements, strengthens governance, reduces organisational risk and helps protect your business from fraud-related liability. More details...
Questions?
Contact Aleksandra about this course, or call us on +44 7749 4749
Live online
- 09:00 - 17:00 UK (London) (UTC+00)
- 10:00 - 18:00 Paris (UTC+01)
- 04:00 - 12:00 New York (UTC-05)
Course code 17682
3rd place FREE
£499 / €699 / $803
Pricing details: multiple places, early booking discounts
Live online
- 09:00 - 17:00 UK (London) (UTC+01)
- 10:00 - 18:00 Paris (UTC+02)
- 04:00 - 12:00 New York (UTC-04)
Course code 17683
3rd place FREE
£499 / €699 / $803
Pricing details: multiple places, early booking discounts
Tailored to your team's requirements, at your choice of location or online.
From
£400
Per delegate, based on 10 delegates and a duration of 1 day
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.
This training course is part of our collection of Strategy & Negotiation Training Courses which teach negotiation, communication, leadership, financial and management knowledge and skills.
Benefits of attending
By attending this training course you will be able to:
- Understand the scope and requirements of the Failure to Prevent Fraud offence
- Determine whether their organisation is likely to fall within scope of the legislation
- Identify who may be considered an associated person and where liability may arise
- Apply the government's six principles for reasonable fraud prevention procedures
- Conduct and evaluate a fraud risk assessment aligned to organisational activities and exposures
- Recognise areas where fraud may be committed for organisational benefit
- Assess the adequacy of existing controls, policies and governance arrangements
- Strengthen board oversight, accountability and reporting frameworks
- Understand what evidence regulators and prosecutors may expect to see
- Develop a practical and proportionate implementation plan for their organisation
- Build a defensible fraud prevention framework that supports legal compliance and organisational resilience
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
This course will cover:
Understanding the failure to prevent fraud offence
- Legislative background and policy objectives
- Scope of the offence
- Large organisation thresholds
- Who is an ‘associated persons’?
- What does ‘intending to benefit’ mean?
- Territorial reach and UK nexus
- Distinction between corporate offence and liability for underlying fraud offences
Practical exercise: Scenario-based liability assessment
Applying the six principles of reasonable procedures
- Top-level commitment
- Risk assessment
- Proportionate risk-based fraud prevention procedures
- Due diligence
- Communication and training
- Monitoring and review
Practical exercise: Mapping existing controls against the six principles
Fraud risk assessment in practice
- Designing an effective fraud risk assessment
- Identifying organisational benefit risks
- Internal and external fraud exposures
- Third parties, subsidiaries and intermediaries
- Red flags and control weaknesses
Practical exercise: Functional risk assessment workshop
Governance, accountability and board oversight
- Governance models and ownership structures
- Board and committee responsibilities
- Legal, compliance, risk and audit roles and responsibilities
- Reporting and management information
- Demonstrating effective oversight
Practical exercise: RACI framework workshop
- Board
- Audit committee
- Legal
- Compliance
- Risk
- Internal audit
- Finance
- HR
- Procurement
- Business units
Policies, controls, training and documentation
- Building an effective fraud prevention framework
- Policies and codes of conduct
- Speak-up and whistleblowing arrangements
- Third-party due diligence
- Contract clauses
- Approvals and delegations, attestation processes
- Training programmes and awareness
- Evidencing reasonable procedures
Practical exercise: Documentation gap analysis
Investigations, scenarios and defensibility
- Responding to incidents
- Internal investigations
- Evidence preservation
- Demonstrating reasonable procedures
- Board and stakeholder communications
Practical exercise: Case study analysis and response planning
- Real-world fraud case studies – identifying:
- Fraud risk
- Associated person
- Who benefits
- Procedures that should have been in place
- Evidence needed for the record
- How to brief the Board
Developing a 90-day action plan
- Establishing ownership and governance
- Conducting risk assessments
- Prioritising remediation activities
- Building an evidence framework
- Creating implementation momentum
Workshop: Personal organisational action plan
- Top 5 priorities
- Sponsor / owner
- First governance forum to take it to
- Biggest blockers
- Quick wins
Adrian Flasher
N/A
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.
Discounts for multiple bookings - bring your colleagues to make your training budget go further:
- 2nd delegate: 30% off
- 3rd delegate: 40% off - or FREE for advance bookings (12 weeks or more)
- 4th delegate: 50% off
- 5+ delegates: contact us for group or bespoke bookings
25 February 27
Live online
09:00-17:00 UK (London) (UTC+00)
10:00-18:00 Paris (UTC+01)
04:00-12:00 New York (UTC-05)
Course code 17682
- GBP 499 599
- EUR 699 839
- USD 803 959
3rd place FREE until 03 Dec
- 1 day live online training
- Browser-based, no download usually required
- See presenters and interact with fellow attendees
- Download documentation and certification of completion
- Fair transfer and cancellation policy
Not ready to book yet?
for 7 days, no obligation
22 September 27
Live online
09:00-17:00 UK (London) (UTC+01)
10:00-18:00 Paris (UTC+02)
04:00-12:00 New York (UTC-04)
Course code 17683
- GBP 499 599
- EUR 699 839
- USD 803 959
3rd place FREE until 30 Jun
- 1 day live online training
- Browser-based, no download usually required
- See presenters and interact with fellow attendees
- Download documentation and certification of completion
- Fair transfer and cancellation policy
Not ready to book yet?
for 7 days, no obligation
* Early booking discounts may not be combined with other discounts or offers. As such, the discounts for 2nd/3rd/4th delegates are based on the full price; and apply only when booking multiple delegates on the same date.
Run Fraud Prevention in Practice Live online for your team
Pricing from:
- GBP 400
- Per attendee, based on 10 attendees
- Course tailored to your requirements
- At your choice of location, or online
We can customise this course to your requirements and deliver it on an in-house basis for any number of your staff or colleagues.
Contact our team to discuss your requirements:
