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ARTICLE · 25 JULY 2014

The Serious Fraud Office Reports...

The Serious Fraud Office has just published its 2013/2014 Annual Report.

United KingdomCriminal Law

The Serious Fraud Office has just published its 2013/2014 Annual Report. Anyone reading it in the hope or expectation of gaining some insights into what the SFO does or what causes it concern may be a trifle disappointed: of the 72 pages of the report, I could find only 4 that contained anything of interest.  In four paragraphs on page 1, David Green CB QC, the Director of the SFO since April 2012, sets out his mission: to take on the really difficult fraud cases, as envisaged by Lord Roskill in the Fraud Trials Committee Report in the 1980's, better cooperation with law enforcement partners in the UK and abroad, and to build up an intelligence capability.  No one could argue with that.  He states that high quality staff have been recruited and retained.  On page 3 there are some statistics about the number of cases in progress (12 new investigations, and 5 trials, of which 3 were completed during the relevant period).  On page 5 there is some analysis of the SFO's

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