Fraud Intelligence

Large organisations with a UK nexus are able, since 6 November, to refer to official guidance when developing "reasonable measures" to defend against a potential criminal charge of failure to prevent fraud intended to benefit them by their employees, agents, subsidiaries or other "associated persons" under the Economic Crime and Corporate Transparency Act 2023. The offence takes effect nine months from publication of the guidance - in fact, nearer ten - on 1 September 2025.

Ukraine has, for the first time, paid two whistleblowers who used a long-standing tip-off channel designed to crack down on corruption.

Light sentencing for serious offending is a complaint across many parts of the UK criminal justice system and nowhere more than in fraud, but do the figures bear this out? Keith Nuthall looks at the evidence and draws comparison with the United States.