Last reviewed on 1 December 2023
School types: All · School phases: All
Ref: 41579

Schools have a responsibility to protect public money. Read what's expected of your school and see examples of anti-fraud policies.

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