By Jeff Dale2024-04-22T13:00:00
The U.K.’s Serious Fraud Office (SFO) said in a five-year strategic plan it’s “struggled to keep pace with demand” as ballooning casework shows no signs of slowing down.
The “SFO Strategy 2024-29,” published Thursday, outlined how the U.K. prosecutor will thwart financial crime, fraud, and corruption as it faces new challenges from the “increasing pace of change and technological innovation.”
“The SFO needs to be seen as a strong, dynamic, confident, and pragmatic organization,” Nick Ephgrave, SFO director, said in the strategy. “… [T]his means ensuring that SFO cases progress at a faster rate” and that the agency be a “partner of choice domestically and internationally.”
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.
2024-08-01T15:35:00Z By Jeff Dale
Staffing shortages that have plagued the U.K. Serious Fraud Office are trending in the right direction since its new director took charge, with the anti-bribery agency forging ahead with initiatives to ensure its future sustainability.
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.
2025-07-07T17:15:00Z By Oscar Gonzalez
SEC Chair Paul Atkins pointed to the growth of tokenized shares as a key development reshaping private markets, suggesting the agency is preparing to update its rules to keep pace with new forms of digital asset trading and settlement.
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