Failure to Prevent Fraud

Now in force from 1 September 2025

Large organisations can now be criminally liable if they don’t take reasonable steps to prevent fraud by employees, agents or other associates. imabi Pro helps mitigate this risk by putting prevention, reporting and evidence in one place.

Proactive prevention - your only defence

The Economic Crime and Corporate Transparency Act creates a new corporate offence: failure to prevent fraud. To avoid liability, organisations must show reasonable fraud-prevention procedures.

imabi Pro gives you the tools and audit trail to evidence those steps.

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Who is in scope

The offence applies to large organisations (meeting two of the following: >£36m turnover, >£18m assets, >250 employees).

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What “reasonable procedures” look like

Government guidance sets out six principles you should build around: top-level commitment, risk assessment, proportionate procedures, due diligence, communication & training, and ongoing monitoring & review.

How imabi Pro helps (fast)

  • Risk assessment hub
    Run and track fraud risk assessments by business unit, geography and third parties - store results and owners centrally.

  • Policy visibility & micro-learning
    Surface your fraud policy, code of conduct and controls; deliver short, targeted learning to the right teams at the right time.

  • Confidential & anonymous speak-up
    Remove barriers to reporting with secure, anonymous channels and guided forms. Route cases to the right handlers.

  • Case management & workflows
    Standardise triage, escalation, investigation notes, evidence packs and outcomes with a clear audit trail.

  • Third-party due diligence
    Capture onboarding checks, attestations and renewals; flag risk ratings and expiries automatically.

  • Real-time alerts & campaigns
    Push targeted anti-fraud updates, red-flag campaigns and action prompts across locations and teams.

  • Board-ready dashboards
    KPIs, trend analysis and heatmaps to brief leadership and demonstrate continuous improvement

THESE CAPABILITIES MAP DIRECTLY TO THE SIX PRINCIPLES IN THE GOVERNMENT GUIDANCE

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Aligned to Home Office guidance

Practical steps for compliance (starting today)

  1. Define ownership & tone from the top (Board/Senior leadership)

  2. Run/refresh a fraud risk assessment focused on realistic scenarios

  3. Tighten policies & controls (including third-party touchpoints)

  4. Train high-risk teams with short, role-specific modules

  5. Enable confidential reporting and protect whistleblowers

  6. Evidence everything: logs, decisions, communications, outcomes

  7. Monitor & review at set intervals; adapt to incidents and lessons learned

  8. Check the facts — consult our Failure to Prevent Fraud FAQs

  9. Learn from examples — explore real-world scenarios in our Deep Dive guide

Risks of non- compliance

  • Criminal prosecution and unlimited fines

  • Regulatory scrutiny and contractual risk

  • Serious reputational damage and loss of trust

  • Costly remediation and monitoring requirements

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Ready to lead from the front?

Book a demo and see how imabi Pro delivers immediate progress on prevention, reporting and assurance - helping your organisation put the right procedures in place FAST to defend against liability under the Failure to Prevent Fraud offence, now in force