News & Analysis as of

Serious Fraud Office (SFO) Enforcement

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for June 2025

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Hogan Lovells

The SFO’s prevention partnership with UK PLC: Balancing collaboration and enforcement

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The Serious Fraud Office’s evolving approach to corporate engagement took another step forward this month. On 12 June 2025, speaking at a London conference, the SFO’s Chief Investigator Michael Gallagher provided the...more

Seyfarth Shaw LLP

The False Claims Act Comes to Britain? Preparing for the ‘Failure to Prevent Fraud’ Offence

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In just a few months, the UK’s corporate criminal liability offence of Failure to Prevent Fraud (FTPF) comes into force. Modelled on the framework of the Failure to Prevent Bribery offence, FTPF imposes strict liability on...more

A&O Shearman

UK SFO: the ingredients of cooperation

A&O Shearman on

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

A&O Shearman

New UK SFO guidance on corporate cooperation and enforcement

A&O Shearman on

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

Jenner & Block

Client Alert: The SFO’s Corporate Guidance: Another Chapter in the SFO’s Playbook

Jenner & Block on

On 24 April 2025, the UK’s Serious Fraud Office ("SFO") launched its updated External Guidance on Corporate Co-operation and Enforcement in relation to Corporate Criminal Offending (“Corporate Guidance”), cementing a bold...more

WilmerHale

New SFO Guidance Unlikely to Drive Increase in Self-Reporting of Corporate Wrongdoing

WilmerHale on

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

Mayer Brown

Eye on Economic Crime: SFO Releases New Guidance on Corporate Cooperation and Enforcement

Mayer Brown on

On 24 April 2025, the UK’s Serious Fraud Office (“SFO”) launched new guidance for corporates on self-reporting, cooperation and deferred prosecution agreements (“DPAs”). Among other things, the new guidance states that, if a...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Serious Fraud Office Releases New Guidance on Self-Reporting, Cooperation and Deferred Prosecution Agreements

On 24 April 2025, the Serious Fraud Office (SFO) released new guidance on corporate self-reporting, cooperation and deferred prosecution agreements (DPAs)....more

White & Case LLP

A step towards transparency or the devil is in the detail? Analysing the effectiveness of the SFO’s new Corporate Guidance

White & Case LLP on

More than a decade ago, the concept of the Deferred Prosecution Agreement (DPA) became part of UK law. Ever since, there has been considerable uncertainty as to exactly what conditions a company needs to meet in order to be...more

Latham & Watkins LLP

Key Takeaways From the SFO’s New Corporate Guidance

Latham & Watkins LLP on

The updated guidance puts a heavy emphasis on self-reporting and clarifies how corporates under investigation can earn cooperation credit from UK prosecutors....more

Wiley Rein LLP

[Podcast] From DOJ to Private Practice with Albert "BJ" Stieglitz

Wiley Rein LLP on

Join host Kevin Muhlendorf for an insightful conversation with Albert "BJ" Stieglitz, a former federal prosecutor with unique cross-border expertise. In this episode, BJ shares his experiences from his time at the UK Serious...more

K2 Integrity

[Webinar] FCPA & FEPA versus the Middle East – What can we expect in the coming year? - April 30th, 9:00 am ET

K2 Integrity on

Join our panel of experts for a one-hour session where they will discuss the impact of the halt on FCPA and FEPA enforcement by the Trump administration and what it means for the Middle East in terms of investigations and...more

White & Case LLP

A new sheriff in town? No time for complacency as the US pauses anti-corruption enforcement

White & Case LLP on

A new anti-bribery and corruption alliance among enforcement authorities in the UK, France and Switzerland sends a clear message to corporates that any pause in enforcement of the US FCPA does not mean that acts of bribery by...more

Morgan Lewis

UK and European Taskforce Emerges to Expand Anti-Corruption as US Looks to Scale Back

Morgan Lewis on

The United Kingdom, France, and Switzerland recently issued a founding statement to establish a new anti-corruption prosecutorial taskforce—an international move that could be seen as a response to the United States’ pause on...more

American Conference Institute (ACI)

[Event] 18th Annual Conference on Anti-Corruption - June 18th - 19th, London, United Kingdom

Hosted by the C5 Group, the 18th Annual Conference on Anti-Corruption London will bring together the brightest minds in anti-corruption and compliance to review the most pressing multi-jurisdictional enforcement updates...more

American Conference Institute (ACI)

[Event] 18th Edition Fraud, Asset Tracing & Recovery - March 14th - 15th, Geneva, Switzerland

The 18th edition of the Fraud, Asset Tracing & Recovery Geneva conference is back with new networking opportunities! Deemed as the foremost, can’t-miss event each year, the 2023 agenda will be fully revamped, and you don’t...more

WilmerHale

Failure to Prevent Fraud for UK Corporates

WilmerHale on

The UK Government yesterday introduced a new corporate “failure to prevent fraud” offence into draft legislation, the Economic Crime and Corporate Transparency Bill (“the Bill”). This is a significant development in UK...more

WilmerHale

Bribery Act 2010: Ten Years On

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Ten years have passed since the introduction of the UK’s primary anti-corruption law, the Bribery Act 2010 (“the Act”). This article examines the extent to which the Act has lived up to its billing as the international “gold...more

Morrison & Foerster LLP

UK Quarterly Review: Business Crime, Investigations And Regulatory Enforcement - UPDATED September 2020

In our Quarterly Review, we bring you important UK developments relating to business crime, investigations and regulatory enforcement from the last three months. We commented last month that the scale of the impact of the...more

BCLP

Corporate Criminal Liability – some practical proposals from Australia

BCLP on

The Australian Law Reform Commission (the “ALRC”) has proposed a number of reforms to Australia’s federal corporate criminal liability regime. The entire document bears close examination. In this article, we focus on the...more

WilmerHale

“I Will Be a Different Kind of Director”: Lisa Osofsky Outlines Her Priorities as New Director of the Serious Fraud Office

WilmerHale on

On 3 September, Lisa Osofsky gave her inaugural speech as the new Director of the UK Serious Fraud Office (“SFO”) to the annual Cambridge International Symposium on Economic Crime. After a long period of transition...more

A&O Shearman

Shearman & Sterling’s Recent Trends and Patterns in the Enforcement of the Foreign Corrupt Practices Act (FCPA) / FCPA Digest

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Shearman & Sterling’s bi-annual Trends & Patterns in FCPA Enforcement report provides insightful analysis of recent enforcement trends and patterns in the US, the UK and elsewhere, as well as helpful guidance on emerging best...more

BCLP

DOJ New No-Piling-On Policy for Corporate Sanctions Moves US Closer to UK and French Authorities

BCLP on

On 9 May, Deputy Attorney General Rosenstein announced a new DOJ policy that “encourages coordination among Department components and other enforcement agencies when imposing multiple penalties for the same conduct.” This...more

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