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The clock is ticking - UK Government publishes guidance on new ‘failure to prevent fraud’ offence

On 1 September 2025, the corporate criminal offence of ‘failure to prevent fraud’ (“the Offence”), created by the Economic Crime and Corporate Transparency Act 2023 (“ECCTA”), will come into force. On 6 November 2024, the...more

11/14/2024  /  Bribery , Fraud , Transparency , UK

UK SFO launches Strategy 2024-2029

On 18 April 2024, the SFO announced that it had launched its Strategy 2024-2029, setting out its direction, values, approach and goals over the next five years. A bold, victims-centred approach The Strategy can be found...more

New SFO Director promises a bolder, more pragmatic approach to the fight against economic crime

On 13 February 2024, Nick Ephgrave gave his first public speech as Director of the Serious Fraud Office, to a packed room of white collar lawyers and press at the Royal United Services Institute. The new Director was bold and...more

New economic crime and corporate transparency bill: All bark and no bite?

Thursday 13 October 2022 saw the second reading of the draft Economic Crime and Corporate Transparency Bill, containing a raft of different measures including new and expanded powers for Companies House, the SFO and the NCA....more

Corruption In The Telecoms Sector: Beware The Elephant In The Room

The corruption risks of the telecommunications sector are too often given cursory consideration as, historically, there has been a keener focus on the extractive and energy sectors. Those sectors are considered to have a much...more

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