ECCTA Compliance Service - UK Economic Crime Compliance Support
The Economic Crime and Corporate Transparency Act 2023 has introduced important changes to UK corporate compliance, transparency and fraud prevention. An ECCTA compliance service helps businesses review their procedures, identify economic crime risks and strengthen controls around fraud prevention and corporate governance.
What Is ECCTA Compliance?
ECCTA compliance refers to the measures a company takes to meet relevant requirements under the Economic Crime and Corporate Transparency Act 2023.
One of the most significant reforms is the corporate offence of failure to prevent fraud, which came into force on 1 September 2025. It can make large organisations criminally liable where an associated person commits certain fraud offences intending to benefit the organisation or its clients.
What Does an ECCTA Compliance Service Cover?
A professional ECCTA compliance service can help a business review areas such as:
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Fraud risk assessment
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Anti-fraud policies and procedures
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Internal financial controls
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Due diligence on employees and associated persons
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Third-party and supplier risk
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Corporate governance procedures
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Reporting and escalation processes
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Staff fraud-prevention training
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Companies House compliance
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Identity verification requirements
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Ongoing compliance monitoring
The Home Office guidance recommends that organisations take a proportionate, risk-based approach to preventing fraud and maintain procedures that are reasonable for their particular circumstances.
Which Companies Need ECCTA Support?
The failure to prevent fraud offence specifically targets large organisations within the statutory definition. However, the government guidance notes that its fraud-prevention principles can also provide useful good practice for smaller businesses.
This makes ECCTA compliance relevant to companies that want stronger fraud controls even where the specific offence does not currently apply to them.
Why Companies Are Reviewing Their Fraud Controls
A financial audit by itself does not provide a complete defence to a failure to prevent fraud allegation. The official guidance makes clear that audits are not designed to identify every fraud and do not replace appropriate fraud-prevention procedures.
Businesses should therefore consider how their actual operations, employees, agents, suppliers and other associated persons could create fraud risks.
ECCTA Compliance for UK Property Businesses
Property companies, developers, landlords and investment businesses can face risks involving contractors, agents, suppliers, payments, property transactions and third-party relationships.
A practical ECCTA review can help identify where stronger approval processes, due diligence, financial controls and documentation may be appropriate.
Fraser Bond ECCTA Compliance Service
Fraser Bond provides practical UK corporate and property consultancy support for businesses, investors and property owners. Our ECCTA compliance service can help companies review their existing procedures, identify potential fraud risks and establish more structured compliance processes.
For businesses operating across London and the wider UK, this can form part of a broader corporate compliance framework covering Companies House obligations, director requirements, corporate records and governance.
Get ECCTA Compliance Support
If your company needs help reviewing fraud-prevention procedures or strengthening its UK corporate compliance framework, Fraser Bond can provide practical support based on your business structure and operational requirements.
