This checklist will assist in-house counsel and compliance professionals with the development and implementation of due diligence procedures as they relate to fraud prevention. This checklist can be used as a general checklist for any organisation that wishes to review or put in place due diligence procedures as part of its fraud prevention framework, but it contains specific reference to guidance that has been issued by the UK Home Office in connection with the offence of failure to prevent fraud which was introduced into law by the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023).
