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The Serious Fraud Office (SFO) recently published its policy on dealing with UK companies suspected of having committed offences involving overseas corruption.

On 21 July 2009, the Serious Fraud Office ("SFO"), issued guidance on its approach to dealing with overseas corruption (the "Guide"). In a welcome response to requests from businesses and professional advisers, the SFO has set out its policies designed to encourage businesses to self-report overseas corruption in return for civil settlements, without criminal sanctions being imposed and avoiding debarment from public contracts.

Welcome to the Summer edition of Scots Law In Practice. The first three cases contain a common thread – the pursuer in each had a valid claim on the face of things, but in each one, faced legal difficulties in obtaining a remedy.

The latest ruling in the US Parmalat litigation has dismissed claims against Grant Thornton and Bank of America on the grounds that the claimant Parmalat companies were themselves involved in the underlying frauds.

What statutory or regulatory obligations should an entity consider when deciding whether to conduct an internal investigation in your jurisdiction?

On 14 September 2010 the Ministry of Justice (MOJ) opened a consultation on its draft adequate procedures guidance.

The criminal justice system in England and Wales is under immense strain. With Crown Court backlogs exceeding 75,000 cases as at the end of 2024 – double the volume seen in 2019...

It is almost six months since the new corporate criminal offences (CCOs) for failure to prevent the facilitation of tax evasion came into effect with the enactment of the Criminal Finances Act 2017 (the CFA) on 30 September 2017.

In May 2016, we published an Alert about UK proposals to introduce new strict liability corporate criminal offences aimed at preventing the facilitation of tax evasion.

The criminal law can encroach into employment territory in a number of ways. Obvious examples might include breaches of health and safety, national minimum wage (NMW) and anti-bribery legislation.

As the negative effects of global warming have intensified, so too has political momentum in favour of criminalising ecosystem destruction.

A banker receiving an unexpectedly large deposit into an account has to juggle the risks of a number of threats: avoiding liability in money laundering, tipping-off offences, and not least the threat posed by the civil law concept of constructive trust.

Bank employees found guilty of attempts to fix interbank lending rates in the future may face criminal sanctions, including jail time.

Our New York team previously discussed Russia-related sanctions measures imposed by the United States on May 6, April 27, April 21, April 11, April 7, March 25, March 15, March 14, March 9, March 8...

In the latest of our regular sanctions updates, we cover the latest UK and EU developments in response to the conflict in Ukraine.

This article is an update to "The Bribery Bill dealing with bribery at home and abroad", as there have been several key developments since going to press.

The Law Commission devotes surprisingly little of its discussion paper to what most would expect to be the government's next step – one or more new ‘failure to prevent' offences, based on the template created in the Bribery Act 2010, ...

The UK Ministry of Justice has published its final guidance under Section 9 of the Bribery Act 2010 regarding the "adequate procedures" required to defend successfully a prosecution for "failing to prevent bribery".