The Economic Crime and Corporate Transparency Act (ECCTA) of 2023 is a UK law that aims to improve corporate transparency and fight economic crime. The act includes new reporting and disclosure requirements, and a new corporate criminal offence for failing to prevent fraud. The Act comes into effect on 1 September 2025.
Who does this apply to?
Large organisations, those that meet 2 of the following 3 criteria:
- turnover of more than £36m
- total assets of more than £18m and/or
- an average of more than 250 employees.
There may also be indirect implications for various SMEs, making this webinar a must watch for organisations of all sizes to understand what fraud prevention requirements companies will be expected to adhere to under the new legislation.
In this bitesize webinar Bill Dixon and Sarah Lonergan in our Dispute Resolution & Litigation team will cover:
- What the implications and risks are for businesses
- The Act covers large organisations. Can smaller organisations afford to just ignore it?
- What will trigger liability?
- Can you be liable for what others outside your organisation do? What about acts outside the UK?
- Information on how your organisation should prepare and when as well as discussing what steps will help give you a defence
Date: Tuesday 29 April 2025
Time: 10:00am – 10:45am (including Q&A)
Where: On your laptop, phone or tablet (live webinar)
Presenters: Bill Dixon, Partner and Sarah Lonergan, Solicitor
Register for this free virtual event, here.
