Failure to prevent fraud offence roundtable
The new ‘failure to prevent fraud offence’ will soon be coming into force. Many companies are currently considering how they will be caught by the new offence, and what procedures need to be enhanced to manage fraud risks.
This roundtable event will facilitate discussion between peer companies and industry experts – facilitated by Norton Rose Fulbright and Forensic Risk Alliance – on the following:
- How to conduct your risk assessment and identify how the offence might arise in practice;
- How to approach enhancing your policies and procedures;
- How non-UK companies might be affected – and what this means for group compliance programmes;
- Cross-over with existing fraud prevention programmes, and integration with existing ethics and compliance programmes;
- Financial controls - what to look for and how to determine relevance; and
- Practical tips on how to get started with the review, including stakeholders to consider / manage.
We invite participants to submit questions and discussion points in advance of the session.
This in-person roundtable event will include a light lunch.
Facilitators
Partner; Investigations, Enforcement and Compliance,Norton Rose Fulbright LLP
Stuart is a partner in London specialising in financial crime (bribery and corruption, fraud and money-laundering) as well as ESG and human rights.
Stuart has significant experience on investigations by authorities including the UK Serious Fraud Office (SFO) and US Department of Justice, as well as public inquiries and compliance reviews led by the World Bank. Stuart recently completed a year-long secondment to the SFO, where he worked on a mix of bribery and fraud cases and SFO policy work, including in relation to the SFO’s DPA guidance. Earlier in his career Stuart was seconded to the anti-bribery and corruption legal team of a FTSE 100 company.
He is recognised as a leading expert in Business & Human Rights Law in Chambers Global, described as possessing “real technical skill” (2024). He is also listed as a key lawyer in Legal 500 (UK, 2024) for Corporate Governance, and Regulatory Investigations and Corporate Crime.
Partner; Investigations, Compliance and Profit/Disgorgement Calculations,FRA
Weng Yee Ng is a Partner at FRA, based in London. She specializes in investigations from start to settlement, evaluating and building compliance programs, risk assessments, disgorgement and penalty calculations, and litigation support (both civil and criminal).
Weng Yee supported Swedish-Swiss multinational ABB in reviewing and enhancing its internal controls as part of remediation discussions with the DOJ. Weng Yee was part of the FRA team supporting Airbus in a multi-year forensic accounting and eDiscovery review which resulted in the settlement with authorities in the UK, US and France in 2020 where Weng Yee’s team focused on a risk assessment and evaluation of the company’s ABC global compliance program. Furthermore, Weng Yee has also worked on several corporate compliance monitorships, including supporting oil and gas company Total with a compliance review of their global operations in order to report to a DOJ-appointed monitor in the context of an FCPA settlement.
Regularly recognised in Who’s Who Legal Investigations Forensic Accountants, Consulting Experts and Global Leaders since 2018, Weng Yee is described as “a fantastic forensic investigator”, as well as “very personable and able to build meaningful relationships with stakeholders at all levels of the company”.
Partner; Investigations, Disputes, Risk Advisory,FRA
Derek has been recognized in Who’s Who Legal Investigations, Consulting Experts, Thought Leaders and Global Elite. Sources describe him as a “highly sought after forensic expert” among peers, with “standout experience advising clients on large and complex fraud and bribery investigations”. He is recommended for his “excellent analysis and superb delivery of expert witness testimony” and “quick grasp of a business’s issues”.
Derek brings over 25 years of experience earned across commercial and consulting roles. Prior to joining FRA, he held roles at easyJet plc, British Airways low-cost airline (“go”) and Ford Motor Company.
Partner; Investigations, Enforcement and Compliance,Norton Rose Fulbright LLP
Andrew is a partner based in London, specialising in international bribery and corruption, fraud and money laundering investigations. He coordinates Norton Rose Fulbright's EMEA investigations group.
Andrew advises corporates, financial institutions and senior executives on major investigations conducted by regulators both in the UK and globally as well as cross border compliance matters. Andrew focuses on bribery and corruption, fraud and money laundering matters, usually in emerging markets.
He was named in Legal 500 2023-2024 as a ‘Next Generation Partner’ for Regulatory Investigations and Corporate Crime (Advice to Corporates) and named as an “expert on bribery and corruption”. He was nominated for a 2023
Lexology client choice award for investigations. He is described in Legal 500 as “a superb analyst of legal risk”, “a sure-footed and sophisticated thinker. He misses nothing” and “calm, measured and tactically astute. A real asset to the firm.”
Senior Associate; Investigations, Enforcement and Compliance,Norton Rose Fulbright LLP
Claudia Van Gruisen
Senior Associate; Investigations, Enforcement and Compliance, Norton Rose Fulbright LLP
Claudia is a Senior Associate in Norton Rose Fulbright’s investigations, enforcement and compliance team based in London. She specialises in internal and external criminal and regulatory investigations, with a key focus on bribery, money laundering, fraud and regulatory compliance.
Claudia has considerable experience of advising both large multi-national companies and financial institutions, as well as individuals, on a range of investigations involving authorities and regulators worldwide, across a variety of sectors. She also has significant experience in designing and implementing financial crime compliance programmes and conducting transactional due diligence.
Claudia was recognised as Law.com’s youngest Female Rising Star in the UK 2023; and is listed in Legal 500 as a ‘Rising star’ for Financial services: contentious and as a key lawyer for Regulatory Investigations and Corporate Crime (Advice to Corporates) and White-Collar Crime: Advice to Individuals. She is described in Legal 500 as ‘a star of the future’ and ‘tireless in her efforts on behalf of clients’.
Event guide
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What happens next...
Once you have booked your place you will receive a confirmation for the event. Full joining instructions with location directions will follow one week beforehand. Please note: this is an in-person only event.
Due to restrictions on numbers, participation in this event has been restricted to supporters in particular sectors. Please email events@ibe.org.uk to express your interest if you encounter any booking problems.
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