- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2024-05-31T15:47:00
The U.K. Serious Fraud Office (SFO) last month published its five-year strategic plan outlining how it intends to improve information gathering and international cooperation, as well as its enforcement record.
Under its new director, Nick Ephgrave, the SFO wants to upskill its workforce so investigators can use the latest tech to streamline case management and make better use of the agency’s resources. It wants to pursue a more proactive approach to crime prevention using both existing powers and potential new ones, including exploring whistleblower incentivization and pushing for a better disclosure regime.
In 2026/27, the SFO will conduct a mid-plan assessment to see if its efforts are paying off.
2025-02-10T16:42:00Z By Neil Hodge
The U.K.’s Serious Fraud Office has made its first use of an enforcement tool that was meant to bring oligarchs and kleptocrats to book. But lawyers are unsure whether the move signifies either a change in direction or fortune for the agency.
2025-01-29T12:00:00Z By Ruth Prickett
Fraud prevention is about to get more complicated with penalties rising sharply for U.K. organizations. Starting Sept. 1, larger businesses will be liable to criminal prosecution if any of their employees–or an agent, subsidiary, or other “associated person”–commits fraud that is intended to benefit the company.
2024-11-26T17:29:00Z By Aaron Nicodemus
French defense and aviation contractor Thales Group is under investigation by authorities in the U.K. and France for allegedly participating in bribery and corruption.
2025-07-03T15:51:00Z By Ruth Prickett
The EU’s new strategy aims to boost SME growth and cut market barriers, but businesses doubt reforms will happen, and consumer groups fear weaker data protections.
2025-06-26T20:22:00Z By Oscar Gonzalez
In another sign of President Donald Trump’s focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to create proposals to consider crypto assets for a single-family home mortgage.
2025-06-24T17:21:00Z By Ruth Prickett
Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain ...
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