ESA Members Only Roundtable | The UK’s ‘Failure to Prevent Fraud’ Offence
July 16 @ 10:00 am - 1:00 pm
We are delighted to team up with S&W and Shoosmiths to provide ESA members with an exclusive roundtable looking at the new offence for Failure to Prevent Fraud, specifically tailored to the waste industry.
This session will focus on the new Failure to Prevent Fraud offense, with insights specifically tailored for the waste industry.
This roundtable is designed for senior professionals in Compliance, Risk, and Legal teams within ESA member organizations.
Places are limited and will be allocated on a first come first served basis.
QUESTIONS FOR DISCUSSION
The enactment of the new Failure to Prevent Fraud offence (FTPFO) presents a substantial new dimension to already complex compliance challenges faced by the waste industry. During the roundtable, we will explore:
- The key legal provisions introduced by the Act.
- The underlying fraud offenses, triggering the FTPFO.
- Specific, practical implications on the waste industry.
- The potential defences available, with a focus on what constitutes reasonable controls to ensure compliance.
- How are you approaching the risk assessment for the FTPFO in your organisation and how well progressed are you?
- To what extent does your risk assessment process consider fraud risks specifically in the context of the FTPFO legal framework and your organisation?
- How are you identifying and evaluating the risk of your Associated Persons?
- Which areas/associated persons have you identified as posing the greatest risk to your organisation?
- Where have you identified the most significant gaps in your current risk framework?
- How important do you consider firm and group culture to be in successfully implementing FTPFO measures and what steps can you take to shift culture?
