Strengthening Our Defenses Against Fraud

This briefing equips the board with critical knowledge of the evolving regulatory landscape around fraud in the UK financial services sector. We will discuss the upcoming "Material Fraud Statement" requirement and the "Failure to Prevent Fraud Offence," highlighting the increased responsibility placed on boards to proactively manage fraud risk.

The session will delve into best practices for building a robust fraud prevention framework, including conducting thorough risk assessments, fostering a culture of ethical conduct, and implementing effective internal controls.