- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-07-20T15:01:00
Recruitment and retention are among the biggest issues facing the U.K. Serious Fraud Office (SFO) as the agency gets set for a new director to take the reins.
The SFO on Tuesday published its annual report for 2022-23, in which outgoing Director Lisa Osofsky balanced praise for the agency’s work against acknowledgement of the areas improvement is needed. Osofsky will leave the SFO in September, when Nick Ephgrave, a former assistant commissioner of London’s Metropolitan Police Service, will take over.
Ephgrave already has a tall task ahead of him in overhauling the SFO’s culture and performance after a pair of independent reviews completed last year shined a spotlight on deficiencies at the agency that led to significant errors in high-profile cases against Unaoil and Serco.
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2023-11-14T20:28:00Z By Aaron Nicodemus
The U.K. Serious Fraud Office launched an investigation into collapsed law firm Axiom Ince and an estimated £66 million (U.S. $82.5 million) worth of client funds that went missing.
2023-07-10T18:25:00Z By Neil Hodge
High staff turnover, low morale, and unattractive rates of pay are among the areas legal experts pointed to when discussing the potential agenda of Nick Ephgrave upon taking over as head of the U.K. Serious Fraud Office.
2022-11-09T12:54:00Z By Neil Hodge
Glencore Energy UK was ordered to pay nearly £281 million (U.S. $314 million) in fines and costs after an investigation by the U.K.’s Serious Fraud Office (SFO) found it paid $29 million in bribes to gain preferential access to oil in Africa to boost profits.
2025-05-22T14:37:00Z By Aaron Nicodemus
The Federal Trade Commission has ordered web hosting company GoDaddy to implement a “robust” information security program following at least three data breaches that the agency said were aided by lax cybersecurity measures.
2025-05-20T12:30:00Z By Oscar Gonzalez
The U.S. Federal Trade Commission (FTC) took action against a pair of student loan debt relief companies for allegedly deceiving borrowers. The move came despite the Trump administration’s broader efforts to roll back enforcement actions against businesses since taking office.
2025-05-16T19:24:00Z By Oscar Gonzalez
After dismissing its lawsuit against the crypto exchange Coinbase in March, a second investigation into the exchange by the Securities and Exchange Commission has surfaced, according to a report from the New York Times. This comes as a bit of a surprise after the Trump administration has been scaling down ...
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