Just five weeks until the NAFN Conference!
As the big day draws closer we are thrilled to bring together leaders and members from across the Public and Private sector for this exciting event. This year’s virtual conference promises to be a valuable opportunity to learn and share good practice with peers. We have an engaging line-up of speakers, insightful presentations and discussions planned for the day.
Have you thought about how The Economic Crime and Corporate Transparency Act 2023 impacts your organisation?
Alice Boulton, Illicit Finance Lead, National Economic Crime Centre (NECC), National Crime Agency (NCA) will be at our conference to share her great work regarding the Economic Crime and Corporate Transparency Act (ECCTA) 2023. Alice leads on the NECC’s work on the ECCTA and has been working closely with Companies House.
The ECCTA is an Act which makes further provision about economic crime and companies, limited partnerships and other kinds of corporate entity. Some of the significant changes brought about by the company increase the powers of Companies House and some key provisions include:
Identification doctrine: How companies are prosecuted has also changed. We can now simply identify the ‘senior managers’ instead of identifying the person(s) “directing mind and will” of a company prosecute it for committing an offence. This significantly broadens the scope to attribute criminal liability to a company.
Failure to prevent fraud: The introduction of a failure to prevent fraud offence holds all large businesses to account if they profit from fraud committed by their employees. Are you aware that a business can be prosecuted under this offence? Does your organisation have “reasonable” procedures in place to prevent fraud? Make sure to attend Alice’s session to learn more.
Don’t forget to also check out Chloe and Hannah’s Shared Anti-Fraud Service case study session, as they may have been one of the first local authorities in East Anglia to use the ECCTA 2023 successfully in their prosecution.
For more updates and announcements about the AGM and Conference, follow us on LinkedIn. Don’t miss out on this opportunity to hear from only the best!
Join us on Tuesday, 12th November 2024 at 9:00
Platform: Whova
Registration: Click here to book your place