On 15 May 2025, the UK Government published the conclusions of its cross-government review of UK sanctions implementation and enforcement (the Review)....more
6/19/2025
/ Customs ,
Economic Sanctions ,
Enforcement ,
Enforcement Authority ,
Financial Institutions ,
FinCEN ,
HMRC ,
Information Reports ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Prudential Regulation Authority (PRA) ,
Reporting Requirements ,
UK ,
Whistleblowers
On April 24, 2025, the UK Serious Fraud Office (SFO) released new guidance to encourage companies to self-report suspected corporate wrongdoing. The guidance emphasises that prompt self-reporting combined with full...more
On 24 April 2025, the UK Serious Fraud Office (SFO) issued new guidance to encourage companies to self-report suspected corporate wrongdoing. The guidance states that self-reporting, combined with full cooperation with the...more
Nick Ephgrave QPM, the Director of the Serious Fraud Office (“SFO”), recently marked the end of his first year in office. Ephgrave has brought a renewed energy, sense of purpose and proactive approach to the SFO, opening six...more
10/9/2024
/ Bribery ,
Corporate Crimes ,
Criminal Investigations ,
Criminal Liability ,
Federal Funding ,
Financial Crimes ,
Serious Fraud Office (SFO) ,
UK ,
UK Bribery Act ,
Whistleblower Protection Policies ,
Whistleblowers
Serious Fraud Office (SFO) Director Nick Ephgrave has consistently touted the benefits of offering financial rewards to whistleblowers. With the FCA also considering its position on financial incentivisation, and a supportive...more
8/8/2024
/ Cartels ,
CFTC ,
Department of Justice (DOJ) ,
Dodd-Frank ,
Financial Conduct Authority (FCA) ,
HMRC ,
IRS ,
Regulatory Reform ,
Retaliation ,
Securities and Exchange Commission (SEC) ,
Serious Fraud Office (SFO) ,
UK ,
UK Competition and Markets Authority (CMA) ,
Whistleblower Awards ,
Whistleblowers ,
White Collar Crimes
On 17 January 2018, the House of Lords voted against an amendment to the proposed Sanctions and Anti-Money Laundering Bill that sought to create a publicly accessible register of the beneficial ownership of companies...more