Life With GDPR – Understanding the UK’s Failure to Prevent Fraud | Thomas Fox – Compliance Evangelist
The podcast spans the initial implications and conflicts these new provisions present, especially in the context of GDPR and compliance with bribery investigation. Jonathan explains the concept of ‘failure to prevent fraud,’ drawing parallels with the 2010 UK See more +
The podcast spans the initial implications and conflicts these new provisions present, especially in the context of GDPR and compliance with bribery investigation. Jonathan explains the concept of ‘failure to prevent fraud,’ drawing parallels with the 2010 UK Bribery Act, and outlines six key principles organizations must adhere to to demonstrate compliance. Additionally, the episode delves into specific steps compliance professionals should take before the new provisions come into force by July 2025, including gap analysis, policy updating, training, and more.
Key Takeaways:
• Failure to Prevent Bribery and Fraud
• New Legislation and Its Implications
• Reasonable Procedures Under the Failure to Prevent Fraud Act
• Comparing Fraud and Bribery Compliance
• Steps for Compliance Professionals See less –
