News & Analysis as of

Serious Fraud Office (SFO)

Akin Gump Strauss Hauer & Feld LLP

UK Whistleblowing Updates

Under Part IVA of the Employment Rights Act 1996, “protected disclosures”– which is the UK legislative term for “whistleblowing reports”can be made either to an employer or to certain “prescribed persons”. For those working...more

Ankura

Part 1: The Audit as an Enforcement Gateway

Ankura on

Recent enforcement signals from UK regulators have made one thing clear: Fraud risk, and how organisations identify, assess and respond to it, is firmly back in the spotlight. Public statements from the Serious Fraud Office...more

Ankura

2025 in Review: Major Fraud Events and What We Can Learn From Them

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The fraud landscape in 2025 has consisted of investigations into investment, cryptocurrency, and other cyber frauds, as well as key enforcement changes in both the U.S. and UK. As we look back on 2025, this article will cover...more

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for January 2026

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Hogan Lovells

What is happening at the SFO? Leadership change and enforcement priorities in 2026

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The Serious Fraud Office has spent the past two years building pace, confidence and public credibility. But the announcement of the Director's retirement – followed closely by the imminent exit of senior prosecutors on...more

A&O Shearman

Major Law Reforms And Shifting SFO Guidance Impacts Corporate Criminal Enforcement In The UK

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The UK continues to strengthen its approach to white collar crime and corporate investigations, with significant legal and regulatory reforms introduced in 2025 and further changes anticipated. The UK Government’s new...more

Hogan Lovells

SFO’s novel restitution route returns £400,000 to victims

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On 8 January 2026, the Serious Fraud Office (SFO) announced that it will return £400,000 to nine victims of a global email fraud dating back more than two decades. The move, achieved through a civil recovery order under the...more

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for December 2025

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Hogan Lovells

Report fraud: A new front door for UK cyber crime and fraud reporting

Hogan Lovells on

City of London Police's new reporting service replaces Action Fraud – but questions remain about impact, technology and how it fits with SFO routes. platform....more

American Conference Institute (ACI)

[Event] 19th Forum on the FCPA & Global Anti-Corruption - January 27th - 28th, Houston, TX

Connect with senior legal and compliance leaders later this month at ACI’s 19th Forum on the FCPA & Global Anti-Corruption Houston. Learn directly from enforcement officials, pressure-test your compliance approach with...more

Hogan Lovells

The UK’s reinvigorated enforcement landscape in 2026

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The United Kingdom enters 2026 with a reinvigorated enforcement landscape. Whether the Serious Fraud Office (SFO) has turned a corner remains an open question, but the agency now has a bold agenda of pursuing faster...more

K&L Gates LLP

SFO Publishes New Guidance on Evaluating Corporate Compliance Programmes

K&L Gates LLP on

On 26 November 2025, the Serious Fraud Office (SFO) published its Updated Guidance on how it would evaluate a company’s compliance programme (the Guidance) for the purposes of prosecutions, considering defences to the...more

WilmerHale

UK White Collar Crime: 2025 Year-End Roundup

WilmerHale on

2025 marked a watershed in UK white collar crime enforcement and corporate compliance. With the introduction of the “failure to prevent fraud” offence, organisations face a new and more dangerous landscape of criminal...more

Alston & Bird

Generalities for Me, but Not for Thee: The SFO’s Updated Guidance on Evaluating Corporate Compliance Programs

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New UK Serious Fraud Office (SFO) guidance on corporate compliance programs brings greater clarity following the Economic Crime and Corporate Transparency Act 2023 (ECCTA). Our White Collar, Government & Internal...more

Hogan Lovells

SFO Publishes Updated Annual Report on Whistleblowing Disclosures for 2024–25

Hogan Lovells on

On 28 November 2025, the Serious Fraud Office (SFO) published its annual report on whistleblowing disclosures and updated its guidance titled “Information for Whistleblowers”. While the guidance itself remains unchanged, the...more

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for November 2025

Morrison & Foerster LLP on

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Hogan Lovells

The UK’s New Anti-Corruption Strategy – Linking Growth to a Tougher Enforcement Agenda

Hogan Lovells on

There is a clear sense that the current UK Government wants to put criminal justice reform back on the agenda – and economic crime is a big part of that. Fraud and corruption plainly cost the UK economy huge sums, yet...more

Seyfarth Shaw LLP

UK Enforcement and Compliance 2025 Year-End Roundup

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As another significant year in white-collar crime and corporate enforcement in the UK comes to a close, we have summarised the key developments shaping the regulatory and investigations landscape in 2025. Below is a snapshot...more

A&O Shearman

UK SFO Updates Guidance On Evaluating Corporate Compliance Programmes

A&O Shearman on

The UK Serious Fraud Office (SFO) has published updated guidance on evaluating corporate compliance programmes, clarifying when and how such assessments occur. The updated guidance identifies six scenarios in which it may...more

McDermott Will & Schulte

New UK Serious Fraud Office guidance on corporate compliance programmes puts spotlight in the boardroom

On 26 November 2025, the UK Serious Fraud Office (SFO) published guidance on ‘when, why and how’ it will evaluate corporate compliance programmes (the Compliance Guidance)....more

A&O Shearman

UK SFO New Corporate Compliance Guidance - What It Means For In-House Legal Teams

A&O Shearman on

In all of the SFO’s corporate prosecutions and Deferred Prosecution Agreements to date for failure to prevent bribery, there are common themes. One of these is that although the organisations had some policies and procedures...more

A&O Shearman

UK Private Prosecutor Ordered To Pay Costs of Judicial Review Proceedings

A&O Shearman on

The number of private prosecutions in the UK has skyrocketed in the past decade, increasing the risk of costly legal proceedings for companies and individuals alike. A new High Court judgment may put a dampener on things. ...more

Latham & Watkins LLP

Less Tickbox, More Toolbox: 4 Key Takeaways From Latest SFO Guidance on Corporate Compliance Programmes

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Internal controls must be tailored, proportionate, and risk-based — not just a “paper exercise”. ...more

WilmerHale

New UK SFO Guidance on Evaluating Corporate Compliance Programmes

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On 26 November 2025, the UK Serious Fraud Office (“SFO”) published an updated version of its Guidance on Evaluating a Corporate Compliance Programme (the “Guidance”)....more

Seyfarth Shaw LLP

Making Compliance Count While Avoiding Prosecution: Key Insights from the Serious Fraud Office’s New Guidance

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Executive Overview - On 26 November 2025 the Serious Fraud Office (SFO) published its first ever guidance on Evaluating Corporate Compliance Programmes. The document provides organisations with greater visibility into how...more

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