ICAEW.com works better with JavaScript enabled.

Economic crime

Access guidance, resources and tools relating to the prevention of Economic Crime, including Anti-money laundering, Sanctions, Fraud, Bribery and Corruption.

Contents
Back to top
ep 63
Regulation
Big Ben and a sign for Whitehall
CCAB logo
ICAEW Insights

What’s in the Economic Crime Act 2023?

In this Insights In Focus episode, we explore the contents and implications of the Economic Crime and Corporate Transparency Act 2023.
Listen now
Insights

Economic Crime and Corporate Transparency Act becomes law

We outline the changes and implications of the Economic Crime and Corporate Transparency Act.
Read more
Guidance

Guide: Economic Crime Act 2022

Understand what the Economic Crime (Transparency and Enforcement) Act 2022 means in practice for accountants.
Read more
Statement

CCAB statement on Ukraine

The statement to the profession following the imposition of further financial and trade sanctions on Russian and Belarusian Government officials and other named individuals and entities, by countries around the world.
Read

Latest articles

Why fighting corruption is key to good governance
  • Article
  • 07 Dec 2023
International Anti-Corruption Day falls on 9 December; this year’s events seek to highlight how anti-corruption efforts contribute to peace, security and development.
Insider dealing: ECI investment in Commify
  • Article
  • 06 Dec 2023
In a fast-moving tech world, business messaging expert Commify has adapted to stay the distance. New investment from ECI will help take it to the next level.
Exclusive International developments: professional standards in tax and administering VAT
  • Article
  • 01 Dec 2023
Nick Parker reports on developments shared at a two-day conference in Helsinki, hosted by CFE Tax Advisers Europe.
Cost-of-living crisis fuels charity fraud risks
  • Article
  • 27 Nov 2023
As Charity Fraud Awareness Week 2023 kicks off, the latest Charity Fraud Report shows that instances of fraud across the sector continue to rise.
Reinforcing the prevention and detection of fraud
  • Article
  • 15 Nov 2023
In International Fraud Awareness Week, ICAEW Economic Crime Manager Mike Miller outlines the current fraud landscape in the UK and the importance of remembering to have a robust framework in place to prevent fraud.
Economic Crime and Corporate Transparency Act becomes law
  • Article
  • 03 Nov 2023
We outline the changes and implications of the Economic Crime and Corporate Transparency Act.
Charity Fraud Awareness Week (27 Nov to 1 Dec): get involved!
  • Article
  • 01 Nov 2023
Every charity, NGO and not-for-profit is susceptible to fraud and cybercrime by criminals exploiting the current global crisis. Charities need to be aware of the risks and take steps to keep their money, people and data safe. The Fraud Advisory Panel and its supporters will be delivering the 8th annual Charity Fraud Awareness Week between Monday 27 November and Friday 1 December.
You’ve been hacked: how to respond in the first 48 hours
  • Article
  • 25 Oct 2023
Your response in the first 48 hours after a cyber attack is critical. In the first in a short series, we look at the steps you should take to minimise the damage to your organisation and its reputation.
More articles

Key topics

Anti-money laundering Guidance and other work that we have done on anti-money laundering law and practice, in the UK and internationally.
Bribery and Corruption
  • Listing
Bribery and Corruption has long been perceived as a major obstacle for socio-economic development; distorting national and international economic relations.
Economic crime Access guidance, resources and tools relating to the prevention of Economic Crime, including Anti-money laundering, Sanctions, Fraud, Bribery and Corruption.
Fraud
  • Listing
Fraud is usually taken to mean the gaining of an illicit advantage through deception and in particular the manipulation of financial information or accounting records.
Anti-money laundering supervision
  • Hub page
ICAEW is the largest accountancy professional body supervisor in the UK. Learn more about our role

Podcasts

ep 63
What’s in the Economic Crime Act 2023?
  • Podcast
  • 04 Dec 2023
In this Insights In Focus episode, we explore the contents and implications of the Economic Crime and Corporate Transparency Act 2023.
Skyscraper
What’s in the second Economic Crime Bill?
  • Podcast
  • 07 Dec 2022
In this episode of the ICAEW Insights podcast, we look at the Economic Crime Bill currently passing through Parliament.
A person working at a desk with laptop, calculator, papers and pen.
Economic crime, Russia/Ukraine and the Spring Statement
  • Podcast
  • 29 Mar 2022
On the latest ICAEW Insights podcast, we look at the fight to remove Russian economic criminals from the UK, and whether the Spring Statement does enough to address current economic pressures.

Videos

Displaying 1-4 of 4 results
5 steps to know your client better using open source research, with Nick Bowen from the KPMG Forensic Team.
5 steps to know your client better using open source research, with Nick Bowen from the KPMG Forensic Team.
  • Video
  • 26 Jan 2021
Alongside existing CDD procedures, open source research using publicly available information can help you get to know your clients better – protecting your business and your brand.
The financial controller who stole £20,000: 4 lessons to help you stop internal fraud
The financial controller who stole £20,000: 4 lessons to help you stop internal fraud
  • Video
  • 17 Mar 2021
The real case of a financial controller who attempted to steal £20,000 from her business, and the steps that chartered accountants can take to help prevent internal fraud from happening in their organisation. Chartered accountants need to be alert to potential signs of fraud and manipulation of accounting records. We examine a real case of a business that discovered it had been the victim of internal fraud.
4 ways for chartered accountants to stop criminal activity in their organisation
4 ways for chartered accountants to stop criminal activity in their organisation
  • Video
  • 07 Apr 2021
Chartered accountants can help to spot and prevent fraud from taking place. We examine a real case of a business that discovered its chief financial officer had been falsifying accounts. The real case of a chief financial officer who tried to manipulate his company’s financial position to support its share price, and 4 ways that chartered accountants can help to stop similar criminal activity in their organisation.
How to prevent invoice fraud: A real life case of how a business that lost €500,000 to cyber criminals,
How to prevent invoice fraud: A real life case of how a business that lost €500,000 to cyber criminals,
  • Video
  • 05 Mar 2021
Chartered accountants more than ever need to be alert to potential signs of fraud and manipulation of accounting records. We examine a real case of a business which lost half a million euros to invoice fraud.
Displaying 1-4 of 4 results

Fraud Advisory Panel resources

Guidance, research and training resources on fraud and cybercrime.

Find out more
Fraud Advisory Panel

CPD and training

Risk management and fraud courses

ICAEW's risk management and fraud courses address topics relevant to all levels of your organisation. Designed and delivered by experienced financial risk professionals. All CPD courses are live virtual classrooms and can be delivered in-house.
Find out more
Mortarboard and books
Open AddCPD icon

Add Verified CPD Activity

Introducing AddCPD, a new way to record your CPD activities!

Log in to start using the AddCPD tool. Available only to ICAEW members.
Login

Add this page to your CPD activity

Step 1 of 3
Download recorded
Download not recorded

Please download the related document if you wish to add this activity to your record

What time are you claiming for this activity?
Mandatory fields
Next step

Add this page to your CPD activity

Step 2 of 3
Mandatory field
Back Next step

Add activity to my record

Step 3 of 3
Mandatory field
Back Add activity to my record

Activity added

Go to my CPD record

An error has occurred
Please try again

If the problem persists please contact our helpline on +44 (0)1908 248 250
Add activity to my record