A lot has been written about the UK’s new failure to prevent fraud (‘FTPF’) offence, its potential implications, and what organisations can do to prepare.
With this in mind, while we brace ourselves for the short-term arrival of the guidance and the subsequent enforcement of the offence itself, the following post takes a moment to reflect on the broader implications of FTPF, by exploring its connection to existing requirements in the areas of bribery, ESG and modern slavery.
https://kpmg.com/uk/en/blogs/home/posts/2024/04/what-anti-corruption-successes-can-teach-us-about-the-failure-to-prevent-fraud-offence.html