All U.K. Serious Fraud Office articles

  • Londoncrop
    Article

    SFO cooperation guidance provides clarity on leniency

    2019-08-07T18:04:00Z

    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
    Article

    Serco fined £19.2M over electronic tagging scandal

    2019-07-03T18:50:00Z

    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
    Article

    Airbus subsidiary at center of bribery probe to cease operations

    2019-06-24T19:20:00Z

    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.

  • /img/field/image/lawsonhome
    Blog post

    SFO names new general counsel

    2019-02-25T12:45:00Z

    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.

  • /img/field/image/rollsroycehome
    Blog post

    SFO faces criticism for closing Rolls-Royce, GSK cases

    2019-02-22T11:30:00Z

    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

    2019-01-28T11:45:00Z

    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

    2018-03-20T12:00:00Z

    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

    2018-02-08T11:15:00Z

    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

    2018-01-18T16:00:00Z

    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

    2017-11-28T09:15:00Z

    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.

  • Blog post

    SFO prosecutor joins Gibson Dunn in London

    2017-11-08T16:00:00Z

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

  • Blog post

    Rolls-Royce charges underscore trends in FCPA cases

    2017-11-08T14:30:00Z

    The Department of Justice yesterday unsealed charges against five individuals for violations of the Foreign Corrupt Practices Act, underscoring two important trends in FCPA enforcement: a growing focus on individual liability, and the undeniable global nature of FCPA investigations today. The U.K. Serious Fraud Office today also issued an update ...

  • Blog post

    SFO secures seven convictions in F.H. Bertling case

    2017-09-26T12:00:00Z

    The U.K. Serious Fraud Office announced this week that F.H. Bertling and six current and former employees have been convicted of conspiracy to make corrupt payments in relation to F.H. Bertling’s freight forwarding business in Angola and a contract worth approximately $20 million.

  • Blog post

    Formula One Group faces fraud probe by SFO

    2017-08-28T13:15:00Z

    The Formula One Group has confirmed that the U.K. Serious Fraud Office is in its “pre-investigation” stage concerning fraud allegations made against it by a U.K. member of Parliament.

  • Blog post

    SFO closes corruption probe into Soma Oil & Gas

    2016-12-15T09:15:00Z

    The U.K. Serious Fraud Office said yesterday it has closed its investigation into London-based Soma Oil & Gas Holdings, Soma Oil & Gas Exploration Limited, Soma Management Limited, and others, related to allegations of corruption in Somalia. Jaclyn Jaeger reports.

  • Blog post

    SFO charges F.H. Bertling with bribery

    2016-07-22T13:15:00Z

    The U.K. Serious Fraud Office SFO announced that it has charged logistics and freight operations company F.H. Bertling, a U.K.-based subsidiary of the German-headquartered Bertling Group, and seven individuals with one count of making corrupt payments, contrary to Section 1 of the Prevention of Corruption Act. Jaclyn Jaeger reports.

  • Blog post

    SFO conducting criminal probe into Unaoil

    2016-07-22T12:45:00Z

    The U.K. Serious Fraud Office confirmed this week that it is conducting a criminal investigation into the activities of Unaoil, its officers, employees and agents in connection with suspected offences of bribery, corruption and money laundering. Jaclyn Jaeger reports.

  • Blog post

    Corruption can give you a very bad few days

    2016-02-21T10:30:00Z

    Title: Corruption can give you a very You know it is going to be a bad day when you see your company’s name splashed across a BBC investigative report into alleged payment of bribes to secure business contracts. However, your day can get considerably worse when US congressmen, call ...

  • Blog post

    U.K. Serious Fraud Office: ‘Why Engage At All?’

    2015-11-04T10:30:00Z

    At a recent anti-bribery forum in London, Ben Morgan, joint head of bribery and corruption for the Serious Fraud Office, spoke about companies that have been prosecuted and investigated for bribery and corruption. Morgan pointed out that while no legislation is on the horizon to reward whistleblowers financially, ...

  • Blog post

    The Current State of the U.K.’s Serious Fraud Office

    2015-08-12T12:15:00Z

    Image: Britain’s Serious Fraud Office appears to be under intense pressure, amid the announcement that another part of the government, led by International Development Secretary Justine Greening, is launching a new specialized anti-corruption unit to investigate cases of international corruption affecting developing countries. While the SFO achieved a significant victory ...