U.K. Serious Fraud Office

  • Londoncrop

    SFO cooperation guidance provides clarity on leniency


    In recent guidance, the SFO for the first time has formally set out expectations essential to U.S.-type deferred prosecution agreements, but some say the low number of companies accepting criminal responsibility may negate the provision’s worth.

  • Londoncrop

    Serco fined £19.2M over electronic tagging scandal


    The U.K. Serious Fraud Office has approved in principle a deferred prosecution agreement with Serco Geografix for fraud and false accounting that would result in a fine of £19.2 million (U.S. $24.2 million).

  • Airbus

    Airbus subsidiary at center of bribery probe to cease operations


    A U.K. subsidiary of Airbus that has been at the center of a seven-year bribery investigation disclosed in an annual report that it will be ceasing business operations, meaning it could potentially avoid criminal charges in connection with the matter.

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    Blog post

    SFO names new general counsel


    The U.K. Serious Fraud Office named Sara Lawson as its new general counsel, effective 1 May 2019. Lawson replaces Alun Milford, who left the post late last year for Kingsley Napley after six years with the SFO.

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    Blog post

    SFO faces criticism for closing Rolls-Royce, GSK cases


    The U.K. Serious Fraud Office closed two long-running bribery and corruption cases against Rolls-Royce and GlaxoSmithKline—a decision that casts further doubt around the effectiveness of the SFO’s investigatory powers and makes companies question the purpose of entering a deferred prosecution agreement at all.

  • Blog post

    Two new members added to SFO senior management team


    Following an open competition, the U.K. Serious Fraud Office has appointed two new members to its senior management team: a chief intelligence officer and a new head of corporate services.

  • Blog post

    SFO: Ex-Deutsche Bank trader pleads guilty over EURIBOR manipulation


    The Serious Fraud Office announced that an ex-Deutsche Bank trader pleaded guilty to conspiracy to defraud in connection with its ongoing investigation into the manipulation of the Euro Interbank Offered Rate (EURIBOR).

  • Blog post

    GlaxoSmithKline: An update on SFO investigation


    GlaxoSmithKline isn’t out of the weeds yet. The pharmaceutical company this week said the U.K. Serious Fraud Office has requested new information relating to an ongoing investigation, this time concerning third-party advisers engaged by the company.

  • Blog post

    Chemring faces bribery probe by Serious Fraud Office


    The U.K. Serious Fraud Office confirmed today that it has opened an investigation into Chemring Group and its subsidiary, Chemring Technology Solutions Limited (CTSL) following a self-report made by CTSL.

  • Blog post

    U.K. Serious Fraud Office prosecutor joins Gibson Dunn in London


    Sacha Harber-Kelly, a prosecutor with the U.K. Serious Fraud Office in the Anti-Corruption and Bribery Division, will join the international law firm Gibson, Dunn & Crutcher as a partner in its London office.