The UK SFO’s new guidance on corporate cooperation makes clear that a company must show cooperation if it is to be invited to enter into a Deferred Prosecution Agreement (DPA). No change there. So what’s different in the new...more
6/16/2025
/ Bribery ,
Corporate Misconduct ,
Deferred Prosecution Agreements ,
Enforcement ,
Investigations ,
New Guidance ,
Self-Reporting ,
Serious Fraud Office (SFO) ,
SFO ,
UK ,
White Collar Crimes
With much fanfare, the Serious Fraud Office has launched its refreshed guidance on Corporate Cooperation and Enforcement. The guidance coincides with several new powers the SFO is eager to use. Overall, the agency is...more
Independence, legal privilege and reporting to internal stakeholders are key areas of focus in the UK Solicitor Regulation Authority’s (SRA) new guidance for in-house internal investigations lawyers published in November...more
1/28/2025
/ Compliance ,
Corporate Culture ,
Corporate Governance ,
Ethics ,
In-House Perspective ,
Internal Investigations ,
Legal Professional Privilege ,
Regulatory Authority ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
UK
Litigation privilege did not apply to tax restructuring advice prepared for a company by accountants following enquiries received from the French tax authority. Even where litigation can be said to be in prospect, a claim to...more
The SFO has concluded a deferred prosecution agreement with Airline Services Limited (ASL), a UK supplier of aircraft cabin parts and services, for failure to prevent bribery under s7 Bribery Act 2010. Despite the company...more
11/10/2020
/ Aircraft Equipment ,
Anti-Bribery ,
Anti-Corruption ,
Bribery ,
Corruption ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
Serious Fraud Office (SFO) ,
UK ,
UK Bribery Act ,
White Collar Crimes
Sports Direct has successfully appealed a problematic first instance decision that allowed the Financial Reporting Council (FRC) access to privileged communications. The judgment provides welcome confirmation to companies...more
The Financial Reporting Council (FRC), the regulatory body for accountants, auditors and actuaries in the UK, was allowed access to privileged material of a client of an auditor under investigation....more