{"id":2751,"date":"2024-11-07T14:55:12","date_gmt":"2024-11-07T06:55:12","guid":{"rendered":"https:\/\/www.talentcentralhr.com\/?p=2751"},"modified":"2025-02-10T14:55:59","modified_gmt":"2025-02-10T06:55:59","slug":"failure-to-prevent-fraud-offence-may-affect-large-recruitment-firms-from-september-2025","status":"publish","type":"post","link":"https:\/\/www.talentcentralhr.com\/zh\/failure-to-prevent-fraud-offence-may-affect-large-recruitment-firms-from-september-2025\/","title":{"rendered":"\u2018Failure to prevent fraud\u2019 offence may affect large recruitment firms from September 2025"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>A new corporate criminal offence of \u2018failure to prevent fraud\u2019 will go into force in September 2025, which will affect large recruitment organisations.<\/p>\n<p>The offence under the Economic Crime and Corporate Transparency Act 2023 (ECCTA) applies to all large, incorporated bodies, subsidiaries and partnerships; large not-for-profit organisations such as charities if they are incorporated; and incorporated public bodies.<\/p>\n<p>The Home Office said: \u201cThe strategic objective is to reduce crime, specifically fraud. Criminal activity can be enabled and perpetuated by organisations. The limited ability to hold organisations criminally responsible for fraud has raised concern that parts of corporate criminal liability law are not fit for purpose. This has created challenges in the successful prosecution of organisations for crime, particularly economic crimes.<\/p>\n<p>\u201cReform of corporate liability is required to protect the integrity of the UK as a safe place to conduct business. This means improving the ability for prosecutors to hold to account, and appropriately deal with, organisations whose employees, agents, or other associated persons perpetuate or facilitate economic crime. This includes clamping down on organisations without sufficient procedures in place to prevent the most common crime.\u201d<\/p>\n<p>Guidance issued this week by the government provides advice to large organisations on procedures they can put in place to prevent fraud.<\/p>\n<p>Under the legislation, an organisation will be criminally liable where:<\/p>\n<p>a specified fraud offence is committed by an employee, agent or other \u2018associated person\u2019, for the organisation\u2019s benefit<br \/>\nthe organisation did not have \u2018reasonable\u2019 fraud prevention procedures in place.<br \/>\nIt does not need to be shown that company managers ordered or knew about the fraud. The offence does not apply to either police forces or government departments.<\/p>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A new corporate criminal offence of \u2018failure to prevent fraud\u2019 will go into force in September 2025, which will affect large recruitment organisations. The offence under the Economic Crime and Corporate Transparency Act 2023 (ECCTA) applies to all large, incorporated bodies, subsidiaries and partnerships; large not-for-profit organisations such as charities if they are incorporated; and [&hellip;]<\/p>","protected":false},"author":1,"featured_media":2752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts\/2751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/comments?post=2751"}],"version-history":[{"count":1,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts\/2751\/revisions"}],"predecessor-version":[{"id":2753,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts\/2751\/revisions\/2753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/media\/2752"}],"wp:attachment":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/media?parent=2751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/categories?post=2751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/tags?post=2751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}