The Serious Fraud Office has issued a code of practice for deferred prosecution agreements, which are now available as an alternative to conviction for certain white-collar offences in the UK.
A proposed amendment to the UK Bribery Act would give the SFO greater power to prosecute corporates for financial crimes committed by their employees.
The head of the UK’s Serious Fraud Office (SFO), David Green,...more
The trial of Victor Dahdaleh in London has collapsed due to the absence of key prosecution witnesses.
The UK’s Serious Fraud Office (SFO) recently dropped its case against Victor Dahdaleh, the British-Canadian...more
Financial Conduct Authority fines Standard Bank £7.6 million for failures in its anti-money laundering controls, underlining the importance of both having and implementing adequate policies in relation to money laundering....more
Newly published draft clauses include proposed changes to the current law, but disputes may arise.
The latest step in the English Law Commission’s review of insurance law was announced on 28 January, with the Law...more
Recent actions by the Serious Fraud Office and Financial Conduct Authority indicate an increased focus on addressing allegations of bribery and corruption.
It is clear that, in the wake of the Bribery Act 2010, the UK...more
Beginning in February 2014, the agreements may be used as a sentencing tool for corporate bribery, fraud, and other economic crimes.
Under the UK Crime and Courts Act 2013, which received royal assent in April,...more
Court holds that directors may legitimately defer to the views of fellow directors if persuaded that the views are in the best interests of the company.
On 18 October, in Madoff Securities International Limited (In...more
Court confirms that, in certain circumstances, a contract can be made in two jurisdictions.
On 7 October 2013, in Conductive Inkjet Technology Ltd v Uni-Pixel Displays Inc,  EWHC 2968 (Ch), the High Court of...more
Recent strategy paper sets out a new institutional structure for investigating bribery and proposes a reporting mechanism carrying financial incentives for whistleblowers.
On 7 October, as part of its strategy document...more
Court holds that English courts may grant an anti-suit injunction when foreign proceedings are brought in violation of an English law arbitration agreement, even where no arbitration is contemplated or underway....more
UK Supreme Court decision confirms traditional rules on enforcement of all US judgments in England and reverses a significant liberalisation of cross-border bankruptcy law....more