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
The Law Commission, on 10 June 2022, published its long-awaited Options Paper on Corporate Criminal Liability, which detailed possible options for the reform of corporate criminal liability in England & Wales (the “Options...more
On 24 December 2020, the UK and the EU reached a new Trade and Cooperation Agreement. The deal, which came into force on 1 January 2021, has important implications for white collar crime enforcement across Europe, and in...more
1/20/2021
/ Anti-Corruption ,
BSA/AML ,
Cooperation Agreement ,
Corporate Counsel ,
Cross-Border ,
Enforcement Guidance ,
EU ,
Government Investigations ,
Serious Fraud Office (SFO) ,
Trade Policy ,
Trade Relations ,
UK ,
UK Brexit ,
White Collar Crimes
The United Kingdom Serious Fraud Office (SFO) recently published comprehensive guidance on Deferred Prosecution Agreements (DPAs). Lisa Osofsky, Director of the SFO, stated, “Over the past six years, we at SFO have been...more
On 17 July 2020, a three-year Deferred Prosecution Agreement (DPA) between the Serious Fraud Office (SFO) and G4S Care & Justice Services (UK) Ltd (G4S) was approved. This DPA is the second arising from fraudulent conduct in...more
8/12/2020
/ Corporate Misconduct ,
Corruption ,
Criminal Convictions ,
Criminal Prosecution ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
Internal Controls ,
Public Contracts ,
Public Procurement Policies ,
Serious Fraud Office (SFO) ,
UK ,
White Collar Crimes
The responsibility to "clean up" corrupt business practices in the developing world has more often than not fallen to foreign-based investors as opposed to the authorities in those countries....more