While the UK's first-ever deferred prosecution agreement and settlement under section 7 of the UK Bribery Act addresses some questions about the UK's enforcement regime, the debate on legal privilege rages on.
The UK is closer to adopting corporate criminal liability reforms after the Treasury Committee threw its weight behind a proposal from the UK Serious Fraud Office in a new report.
A UK judge’s decision to force retailer Tesco to hand over documents in a civil case that it obtained from the SFO in a separate criminal matter may make third parties hesitate before voluntarily disclosing material to the authority, lawyers say.
A UK judge has denied HP permission to hand documents obtained in civil litigation in England over to US authorities, despite the company’s claims that failure to do so means it can be held in contempt in the US.
Following the conclusion of the Tesco accounting fraud trial, the defendants' lawyers speak out about the “fundamental unfairness” of the DPA process.
Former Barclays trader Philippe Moryoussef will have to pay £674,000 on top of an eight-year jail sentence he received earlier this year for manipulating the Euribor benchmark rate.
A new economic crime centre created to improve coordination between UK authorities has already sped up the triaging of money laundering cases in its first year, says the UK National Crime Agency.
The UK’s resource-strapped authorities aren’t equipped to tackle the vast swathe of money laundering cases that aren’t large enough to be handled by the UK Serious Fraud Office.
Sports Direct has been ordered to provide the FRC with documents the sports equipment retailer claimed were privileged as part of the accounting regulator’s investigation into Grant Thornton.
The new director of the SFO announced that the agency will ramp up its efforts to crack down on money laundering and attempt to speed up charging decisions against individuals.
Financial institutions identified close to one million suspicious transactions over the past year, approximately a third of which warranted reporting to the UK National Crime Agency.