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 SFO is prosecuting two former directors at outsourcing company Serco for allegedly defrauding the UK’s Ministry of Justice between 2011 and 2013.
The UK SFO has launched an investigation into alleged corruption by Anglo-Swiss mining company Glencore.
The UK NCA securing £190 million from a Pakistani property mogul could be a template for how the agency will use asset-freezing orders in the future, lawyers have said.
Kazakh mining tycoon Alexander Machkevitch is a suspect in the UK SFO’s long-running bribery probe into ENRC – the company he co-founded, a court has heard.
Alstom Power Network UK received a significant penalty reduction for its improved compliance systems and anti-corruption certifications.
Three former Barclays executives acted dishonestly to save the UK bank from a government bailout during the 2008 financial crisis, a London court has heard.
The UK attorney general could end the UK Serious Fraud Office’s proposed prosecution of an Airbus subsidiary over alleged bribery in Saudi Arabia on national security grounds.
Despite championing the UK’s use of DPAs, the former director of the SFO Sir David Green QC says the system needs two “vital” changes to make the system more effective.
Lawyers have hailed the publication of the SFO’s guidelines on cooperation as “helpful and sensible” but are concerned about a requirement to appoint third parties to verify privilege claims.
The DPA was approved on the same day the UK Financial Reporting Council imposed sanctions on Big Four accounting firm Deloitte in relation to the audit of the subsidiary's financial statements.