The Reasonableness File: A Three-Hour Board Drill for Failure-to-Prevent Fraud Assurance
The failure to prevent fraud offence has been in force since September 2025, and boards of large UK organisations are now expected to evidence reasonable prevention procedures rather than merely assert them. This article sets out a focused 180-minute boardroom drill covering risk assessment, due diligence, training records and top-level commitment, with practical steps for closing the gaps an auditor or prosecutor would inspect first.