UK, Self-Reporting, Corruption

The Serious Fraud Office's Guidance on How to Best Avoid Prosecution

K&L Gates LLP on 5/9/2025

The United Kingdom’s Serious Fraud Office (SFO) recently published updated guidance on how corporates can best avoid or reduce the risk of prosecution in cases involving economic crimes such as bribery, fraud and corruption...more

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

Mayer Brown on 4/29/2025

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

New SFO Director Sets Tone for Tenure

Latham & Watkins LLP on 2/20/2024

Motivated by a “visceral reaction” to large-scale economic crime, Nick Ephgrave lays out vision for a bolder, more pragmatic, and more proactive agency. Whistleblowers, dawn raids, and cross-agency collaboration are all...more

Further Guidance from the SFO on Deferred Prosecution Agreements ("DPAs")

Orrick, Herrington & Sutcliffe LLP on 11/5/2020

The Serious Fraud Office (“SFO”) has recently updated its Operational Handbook to include a chapter on DPAs (the "Updated Handbook"). For companies under investigation, the question of whether or not to cooperate with the...more

UK Court of Appeal Extends Privilege in Internal Investigations

Herbert Smith Freehills Kramer on 9/26/2018

Brief Comments on The Director of the Serious Fraud Office v. Eurasian Natural Resources Corporation Limited [2018] EWCA Civ 2006 - On Sept. 5, 2018, the Court of Appeal of England and Wales handed down a unanimous...more

First DPA in the U.K. Signals Britain is Serious About Bribery & Corruption

NAVEX on 2/4/2016

Late last year, ICBC Standard Bank Plc, a U.K.-based financial institution with operations around the world, agreed to pay a $37 million fine and enter into a deferred prosecution agreement (DPA) with British financial...more