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.
2025-07-15T18:13:00Z By Neil Hodge
The U.K.’s data regulator has unveiled a new enforcement approach to AI development and usage that experts say seeks to carve a middle way between the strict rules applied by the European Union (EU) and the pro-industry, light-touch regime favored by the U.S.
2025-07-09T19:15:00Z By Ruth Prickett
Will “taking an axe to” red tape and onerous reporting commitments free up trillions invested in U.K. pensions and increase the value of assets managed by regulated financial services firms?
2025-07-08T15:43:00Z By Oscar Gonzalez
The U.S. Department of Labor (DOL) appears to be in the process of deregulating work rules. Some of the changes proposed would result in a reduction of pay for certain health workers and allow minors to work hazardous jobs.
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