UK Serious Fraud Office News and Legal Updates
SFO expands self-reporting route for corporates in UK fraud cases
The Serious Fraud Office is updating its corporate cooperation framework to give companies a more direct route into self-reporting discussions on suspected fraud, bribery and corruption. The ...
UK proposes whistleblower rewards for economic crime reports
Britain is moving to strengthen how it uncovers fraud and bribery by considering financial incentives for people who come forward with evidence. The proposal, now open for public consultation, ...
London court quashes ex-Deutsche Bank trader conviction in Euribor rigging case
A London appeals court overturns the conviction of former Deutsche Bank trader Christian Bittar in a benchmark interest rate manipulation case that had led to a prison sentence in Britain. The ...
Former SFO prosecutors join NABEP as Swiss case around Alejandro Betancourt remains active
Three senior anti-corruption lawyers left the UK Serious Fraud Office for Alejandro Betancourt’s North American Blue Energy Partners while Swiss prosecutors were still seeking his extradition ...
SFO fraud case brings prison terms for Ethical Forestry directors over £70 million scam
Three former Bournemouth company directors have been jailed after a long-running investment scheme stripped more than 3,000 people, many of them pensioners, of around £70 million in savings. The ...
UK SFO settles ENRC lawsuit over abandoned corruption probe
A long-running legal fight tied to the collapse of a major UK-listed miner is ending after Eurasian Natural Resources Corporation reaches a settlement with the Serious Fraud Office and its former ...
UK SFO settles ENRC damages case over abandoned corruption probe
After years of litigation over a failed criminal investigation, the UK’s Serious Fraud Office has settled a $168 million lawsuit brought by Eurasian Natural Resources Corporation. The ...
ENRC, SFO and Dechert resolve lawsuit tied to long-running UK bribery probe
More than a decade after a UK bribery investigation into ENRC began, the dispute over the costs and conduct of that probe is now drawing to a close. The resolution follows earlier court findings ...
San Francisco bonds outlook revised to stable as Fitch affirms AA+ ratings
San Francisco strengthens its standing in the municipal debt market after an improvement in its credit outlook on Certificates of Participation and Lease Revenue Bonds. The revision reflects ...
European Commission review keeps foreign subsidies rules intact, plans targeted simplification
Three years after the Foreign Subsidies Regulation took effect, the European Commission says its first formal review shows the regime remains effective in policing market distortions in the EU. ...
EU prepares to fine Big Tech over online consumer protection failures
Brussels is preparing broader online consumer protection measures as concerns grow over social media risks for children and internet spending traps. The European Commission is due to present a ...
EU parliament funds backed Farage Brexit campaign activities, FT documents show
A decade after the UK voted to leave the EU, documents are raising fresh questions over how Brexit campaigning linked to Nigel Farage was financed before and during the 2016 referendum period. ...
