{"id":2932,"date":"2026-10-17T20:50:59","date_gmt":"2026-10-17T20:50:59","guid":{"rendered":"https:\/\/taxinvestigation.co\/new\/?p=2932"},"modified":"2026-10-17T20:51:02","modified_gmt":"2026-10-17T20:51:02","slug":"heralding-a-new-era-of-corporate-accountability-by-nick-scott-christopher-coltart-kc-christopher-veal-and-richard-edmond","status":"publish","type":"post","link":"https:\/\/taxinvestigation.co\/new\/heralding-a-new-era-of-corporate-accountability-by-nick-scott-christopher-coltart-kc-christopher-veal-and-richard-edmond\/","title":{"rendered":"Heralding a new era of corporate accountability by Nick Scott, Christopher Coltart KC, Christopher Veal and Richard Edmond"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Changes to the rules around failure to prevent fraud have now changed \u2013 but to what effect? By Nick Scott, Christopher Coltart KC, Christopher Veal and Richard Edmond<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The scope for corporate criminal liability in the United Kingdom has widened significantly after the introduction of a new offence of failing to prevent fraud. The offence was created by the Economic Crime and Corporate Transparency Act 2023 and took effect on 1 September 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Much like the Bribery Act 2010 before it, the new legislation establishes criminal sanctions \u2013 in the form of hefty financial penalties \u2013 for organisations that fail to take proactive steps to prevent misconduct. Its arrival prompts large firms and their subsidiaries to ask: are our fraud prevention measures robust enough to withstand the scrutiny of the criminal courts?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Download the full article below:<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2026\/10\/Heralding-a-new-era-of-corporate-accountability-by-By-Nick-Scott-Christopher-Coltart-KC-Christopher-Veal-and-Richard-Edmond-.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of Heralding a new era of corporate accountability by By Nick Scott, Christopher Coltart KC, Christopher Veal and Richard Edmond.\"><\/object><a id=\"wp-block-file--media-28f57c48-9236-45fe-b38a-0cde834a6d7b\" href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2026\/10\/Heralding-a-new-era-of-corporate-accountability-by-By-Nick-Scott-Christopher-Coltart-KC-Christopher-Veal-and-Richard-Edmond-.pdf\">Heralding a new era of corporate accountability by By Nick Scott, Christopher Coltart KC, Christopher Veal and Richard Edmond<\/a><a href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2026\/10\/Heralding-a-new-era-of-corporate-accountability-by-By-Nick-Scott-Christopher-Coltart-KC-Christopher-Veal-and-Richard-Edmond-.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-28f57c48-9236-45fe-b38a-0cde834a6d7b\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Changes to the rules around failure to prevent fraud have now changed \u2013 but to what effect? By Nick Scott, Christopher Coltart KC, Christopher Veal and Richard Edmond. The scope for corporate criminal liability in the United Kingdom has widened significantly after the introduction of a new offence of failing to prevent fraud. The offence [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88],"tags":[],"class_list":["post-2932","post","type-post","status-publish","format-standard","category-october-november-2025"],"_links":{"self":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/2932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/comments?post=2932"}],"version-history":[{"count":1,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/2932\/revisions"}],"predecessor-version":[{"id":2934,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/2932\/revisions\/2934"}],"wp:attachment":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/media?parent=2932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/categories?post=2932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/tags?post=2932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}