The Economic Crime and Corporate Transparency Act (ECCTA) introduces significant reforms from March 2025, aimed at combating financial crime and enhancing corporate transparency in the UK.
Join us as we take a closer look at the impact of these changes and the key considerations for boards and non-executives.
As a board member, it’s crucial to understand the implications of this legislation for both corporate governance and, specifically, for banks and financial services organisations. The ECCTA represents a substantial shift in the UK’s approach to economic crime and corporate transparency.
Understanding these reforms will be critical to ensuring compliance and maintaining corporate integrity in this evolving regulatory landscape.
For board members it is essential to proactively engage with these changes by reviewing and strengthening governance frameworks, compliance procedures, and internal controls to mitigate risks and ensure adherence to the new legal requirements.
At this event we will discuss these changes as NEDs, guided and supported by this session’s WB Directors members Chair Shefaly Yogendra and BDO’s Financial Services consultancy team’s Economic Crime experts.
This event is included in our Directors’ Circle membership. Current Financial Circle Directors’ Circle will receive a calendar invitation upon registration – if you haven’t, please get in touch with Sara via contact@wbdirectors.co.uk
With thanks to our partner BDO
