This webinar, hosted by the Food and Drink Federation but free to non-members, will discuss the recent update to the UK Economic Crime and Corporate Transparency Act (ECCTA), which will be heavily impacting the food & drink industry.
The ECCTA has introduced enhanced measures to prevent fraud, holding businesses accountable for financial crimes committed by ‘associated persons’. Due to complex supply chains, significant cross-border operations and reliance on third-party contractors, food & drink manufacturers will be highly impacted. The ECCTA will require stricter oversight of processes, controls and governance arrangements covering fraud prevention, corporate governance, and supply chain transparency.