All Serious Fraud Office articles – Page 4

  • Blog

    SFO: More charges in Barclays Qatar capital raising case

    2018-02-13T11:45:00Z

    The U.K. Serious Fraud Office has charged Barclays Bank with unlawful financial assistance contrary to the Companies Act in connection with an investigation it began in 2012.

  • Blog

    Why is the U.S. government investigating GlaxoSmithKline now?

    2018-02-13T06:30:00Z

    GlaxoSmithKline recently said U.S. enforcement agencies asked for information about third-party advisers the company hired in China during a corruption investigation in the country. The Man From FCPA asks, why now?

  • Blog

    Petrofac board: An update on SFO investigation

    2018-02-06T14:30:00Z

    The board of directors of oilfield services provider Petrofac this week provided an update on the U.K. Serious Fraud Office's investigation into the company.

  • Blog

    SFO: Tell-tale signs of money laundering

    2018-01-09T10:00:00Z

    Serious and organised crime costs the United Kingdom an estimated £24 billion a year, states a new government report setting out the threats posed by money laundering. With the report, the government relaunched its “Flag it Up” campaign to raise awareness and show how the legal and accountancy sectors can ...

  • Article

    ENRC and legal privilege

    2017-12-11T13:45:00Z

    Back in May, in a landmark decision, the Serious Fraud Office won the right to gain access to documents that a Kazakh mining company claimed were protected by professional privilege. Now that company has won the right to appeal.

  • Blog

    SFO charges two in Unaoil investigation

    2017-11-17T14:00:00Z

    The U.K. Serious Fraud Office this week charged two individuals in relation to the ongoing Unaoil investigation.

  • Blog

    F.H. Bertling employees sentenced in corruption case

    2017-10-20T14:45:00Z

    Three former senior employees of the F.H Bertling Group were today sentenced at Southwark Crown Court, the U.K. Serious Fraud Office announced.

  • Blog

    SFO charges Afren executives with money laundering and fraud

    2017-09-29T14:45:00Z

    The U.K. Serious Fraud Office said that it is conducting a criminal investigation into oil and gas exploration company, Afren, concerning secret agreements with their joint venture partners in Nigeria.

  • Article

    U.K. officials talk enforcement, cooperation, more

    2017-09-12T11:15:00Z

    At the 35th Cambridge Symposium on Economic Crime, British government officials provided valuable insight on regulatory priorities and how to stay right under the eyes of the law.

  • Blog

    SFO investigating Rio Tinto

    2017-07-25T09:45:00Z

    The U.K. Serious Fraud Office confirmed this week it has opened an investigation into suspected corruption by mining company Rio Tinto.

  • Blog

    SFO investigating Amec Foster Wheeler

    2017-07-14T14:00:00Z

    The U.K. Serious Fraud Office confirmed that it has opened an investigation into the activities of London-based Amec Foster Wheeler for allegations of bribery, joining U.S. authorities in their bribery investigations into the energy services company.

  • Blog

    SFO charges Barclays in Qatar capital-raising case

    2017-06-20T13:45:00Z

    The Serious Fraud Office has charged Barclays and four individuals with conspiracy to commit fraud and the provision of unlawful financial assistance contrary to the Companies Act.

  • Blog

    Petrofac makes governance changes amid SFO probe

    2017-06-01T13:30:00Z

    The board of directors of oilfield services provider, Petrofac, recently announced a number of significant governance changes, amid a bribery and corruption investigation by the Serious Fraud Office.

  • Blog

    SFO investigates Petrofac over Unaoil

    2017-05-15T11:30:00Z

    The U.K. Serious Fraud Office confirmed that it is investigating the activities of oilfield services provider Petrofac, its subsidiaries, and their officers, employees and agents for suspected bribery, corruption and money laundering.

  • Blog

    U.K. probes KPMG for Rolls-Royce audits

    2017-05-08T14:15:00Z

    The United Kingdom’s independent accounting regulator said it has commenced an investigation into the conduct of KPMG for audits it performed on Rolls-Royce.

  • Blog

    Rolls-Royce responds to $800M global resolution in FCPA case

    2017-01-18T10:15:00Z

    British engineering company Rolls-Royce has agreed to pay the United States nearly $170 million as part of an $800 million global resolution with U.S., U.K., and Brazilian authorities into a long-running bribery scheme. Jaclyn Jaeger reports.

  • Article

    SFO investigates Airbus for fraud, bribery, and corruption

    2016-09-20T12:30:00Z

    Five years after the Bribery Act, the Serious Fraud Office has yet to produce a major conviction. Will Airbus—the latest aerospace company under investigation—be its first big collar? Neil Hodge reports.

  • Blog

    SFO brings charges in Tesco accounting scandal

    2016-09-13T15:45:00Z

    Tom Fox examines the Serious Fraud Office’s recent indictments against three individuals from the October 2014 Tesco scandal in which the British grocery chain overstated earnings by fraudulently accounting certain revenues received back from suppliers.

  • Blog

    RICS fines Sweett Group £125,000 in bribery case

    2016-08-23T09:45:00Z

    Following the outcome of a disciplinary panel, the Royal Institute of Chartered Surveyors (RICS) this month found that Sweett Group “did not at all times act with integrity” concerning a bribery case relating to its Middle East operations. Jaclyn Jaeger reports.

  • Article

    New blood at the Serious Fraud Office

    2016-06-21T12:00:00Z

    A report from Her Majesty’s Crown Prosecution Service Inspectorate has attacked the Serious Fraud Office for being a largely white, all-male board. Paul Hodgson examines the merits of the report and the SFO’s response.