SFO May Breathe Life Into Fraud Reporting After Setbacks
Law360, London (April 10, 2019, 5:23 PM BST) -- The Serious Fraud Office's plan to clarify its rules on reporting fraud will encourage companies to exchange information from internal investigations if the watchdog makes it clear that those which cooperate can enter into deferred prosecutions agreements in lieu of a court battle.
Lisa Osofsky, the head of the SFO, said last week the agency would publish guidance on what companies and their legal advisers can expect if they report suspicions of crime within their organizations. The move follows recent setbacks for the agency that may encourage companies to decide to fight rather than cooperate with its probes.
The crime-fighting agency...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!