Please note: we use the terms 'fraud', 'bribery' and 'corruption' in this article to refer specifically to incidents of financial irregularity.
Having an anti-fraud policy is recommended but not required
However, you must have arrangements in place to protect public money, as outlined below.
Maintained schools
All maintained schools must complete the Schools Financial Value Standard (SFVS).
You're required to submit your SFVS to your local authority by 31 March 2024.
Section F requires schools to ask themselves:
The checklist guidance (the second document on the page) sets out