21st October 2025

Why the clock is ticking on ECCTA compliance for fund managers

The Failure to Prevent Fraud offence recently came into effect in the UK as part of sweeping new anti-fraud reforms led by Companies House. Fraud targeting investment managers, saw a significant increase in 2024 with cloning scams alone rising by 57%. Against this backdrop, Sophie White, Associate Director, Funds at Vistra, outlines what fund managers need to do to comply with the new fraud prevention measures.