Skip to content

 

Report: ECCTA Regulations

Are Industries Prepared to Prevent Fraud?

Length: 15 pages | Format: PDF 

The Economic Crime and Corporate Transparency Act (ECCTA) introduced a landmark offence: Failure to Prevent Fraud. From September 2025, large organisations may face criminal liability if they cannot show reasonable prevention procedures.

This report examines Skillcast’s ECCTA Readiness Index, revealing which industries are best prepared and which face significant governance and transparency gaps. 
ECCTA Regulations- Report - Cover Graphic

What you’ll learn 

  • How prepared are different sectors for the ECCTA “failure to prevent fraud” offence
  • The biggest governance weaknesses across UK industries, including overdue filings, PSC gaps, and director instability
  • What “reasonable procedures” must look like under ECCTA
  • How regulatory scrutiny is increasing across high-risk industries
  • Priority actions firms must take before September 2025

ECCTA Regulations Readiness Report highlights

This report identifies how prepared each industry is ahead of the new failure to prevent fraud regulation and which risk areas need attention.

Financial services and the legal sector are the least prepared

Technology ranked highest for ECCTA readiness

Manufacturing sector performed solidly with a score of 782.8 out of 1200

Retail sector shows resilience but operates on tight margins, raising red flags.

What the ECCTA report covers 

Ideal for

  • Compliance and financial crime teams
  • General counsel and legal departments
  • Risk and governance leaders
  • Senior executives and board members
  • Regulatory affairs professionals

What's inside

  • Skillcast’s ECCTA Readiness Index scores across 10 industries
  • Breakdown of governance factors: transparency, filings, PSC structures, risk indicators
  • Industry-by-industry analysis, including Financial Services, Technology, Property, Hospitality, Manufacturing and more
  • Summary of ECCTA obligations and fraud prevention expectations
  • Recommendations to enhance governance, oversight, training, and controls

Why download

  • Reduce risk: understand where your sector stands and where you may be exposed

  • Strengthen governance: address warning signs before regulatory scrutiny increases

  • Improve transparency: meet ECCTA expectations around filings and PSC data

  • Prepare proactively: build fraud prevention procedures that stand up to enforcement

Download the report

See where your industry ranks within the index and where your business should focus 
 
Download the report