Ethicast is the official podcast of Ethisphere, helping clients build a legacy of ethical value that drives business success, showcasing the latest insights from ethics and compliance thought leaders around the world each week because doing business the right way, is the right thing for business.
All content for Ethicast is the property of Ethicast and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Ethicast is the official podcast of Ethisphere, helping clients build a legacy of ethical value that drives business success, showcasing the latest insights from ethics and compliance thought leaders around the world each week because doing business the right way, is the right thing for business.
Ethicast Reacts - The Failure to Prevent Fraud Act
Ethicast
16 minutes 41 seconds
2 months ago
Ethicast Reacts - The Failure to Prevent Fraud Act
On September 1, 2025, the failure to prevent fraud offense under the Economic Crime and Corporate Transparency Act will go into effect. This means that an organization can be held criminally liable if any employee, agent, subsidiary, or other associated person or entity commits a fraud intending to benefit the organization or its clients, if the organization did not have reasonable fraud prevention procedures in place.
On today's episode of Ethicast Reacts, Erica Salmon Byrne, Chief Strategy Officer at Ethisphere will guide us through the Failure to Prevent Fraud Act and what companies need to consider as they prepare for the act to go into effect on September 1.
To read the guidance that Erica refrenced, click here: Guidance to organisations on the offence of failure to prevent fraud
For more on the SFO, see a former Ethicast: Ethicast Reacts: New UK SFO Self-Reporting Guidance
More resources can be found at www.ethisphere.com/resources
Reach out to your Engagement Director or info@ethisphere.com for Sphere data, risk assessment resources, and more!
Ethicast
Ethicast is the official podcast of Ethisphere, helping clients build a legacy of ethical value that drives business success, showcasing the latest insights from ethics and compliance thought leaders around the world each week because doing business the right way, is the right thing for business.