The UK's first Deferred Prosecution Agreement (DPA) Comes to an End
Last week the Serious Fraud Office (SFO) announced the end of the UK's first Deferred Prosecution Agreement (DPA) with Standard Bank. As part of the DPA's terms, Standard Bank was required to cooperate fully with the SFO and other authorities investigating the bribes, including disclosing information and material relating to the activities of individuals involved.
NCA sees off challenge to its first UWO
The new powers of unexplained wealth orders (UWO) and the supporting “interim freezing orders” commenced on 31 January 2018. Criticism has been made of government authorities' (the NCA, HMRC, the FCA, the SFO and the CPS) seeming reluctance to avail themselves of their newfound investigative tool.
The Criminal Finances Act to come into force targeting tax evasion
UK companies could be liable for prosecution and unlimited fines when one of the strictest and most wide ranging pieces of tax legislation becomes law.
Government publishes guidance to corporate tax evasion offences
Today the Government has published guidance for the corporate tax evasion offences which come into force on 30 September
SFO v ENRC judgment could signal the demise of business cooperation with the SFO
Today saw the publication of Mrs Justice Andrews' judgment in the claim brought by the Director of the Serious Fraud Office (SFO) against Eurasian Natural Resources Corporation Ltd.
Corporate Liability for Economic Crime
The Government is examining the case for reform of the law on corporate liability for economic crime, and has commenced an open call for evidence.
Fines without trial for breaching sanctions - Have your say
The government is ramping up the enforcement of financial sanctions legislation.
Rolls-Royce - Cooperation not confession unlocks 50% DPA discount
Yesterday was a significant day for the SFO as its Deferred Prosecution Agreement (DPA) with Rolls-Royce PLC was given the seal of approval by Sir Brian Leveson.
SFO Secures Deferred Prosecution Agreement and LIBOR Convictions
The UK Serious Fraud Office (SFO) will be celebrating after securing two significant public wins last week
Government Proposals to extend Criminal Conduct in the Business Sphere Raise Concerns
The UK Government announced yesterday that the Ministry of Justice will consult on plans
Deferred Prosecution Agreements come of age
The SFO will be justifiably satisfied with court approval of the first UK DPA but Tony Lewis and Natalie Quinlivan find the case raises questions about scope for application of the new tool
SFO secures first Deferred Prosecution Agreement
After many months of speculation, it was announced today that ICBC Standard Bank Plc has become the first entity in the UK to enter into a Deferred Prosecution Agreement with the SFO.
Expertise activity stream
Tony Lewis and Jessica-Leigh Knowles wrote 'The UK's first Deferred Prosecution Agreement (DPA) Comes to an End'
Tony Lewis and Alexandra Hulme published 'Litigation privilege in the context of Deferred Prosecution Agreements (DPAs) – an analysis of the High Court's treatment of litigation privilege issues in ENRC and the consequent Court of Appeal judgment'
Francesca Titus and Elliott Kenton published 'Dirty laundry: Do British businesses risk being tarnished by new EU anti-money laundering rules post-Brexit?'
Tony Lewis and Nicola Sewell published 'How effective is the Bribery Act?: Fieldfisher submits evidence to the House of Lords Select Committee'
Tony Lewis, Francesca Titus and Elliott Kenton published 'Unexplained Wealth Orders - What you need to know'
Tony Lewis, Francesca Titus and Nathan Capone published 'Government publishes guidance to corporate tax evasion offences'