Updated UK SFO Compliance Guidance
The UK Serious Fraud Office has released updated guidance on how it evaluates corporate compliance programmes during investigations and enforcement decisions. This includes alignment with the new “failure to prevent fraud” offense under the Economic Crime and Corporate Transparency Act 2023 — significantly raising expectations for governance, controls, and real-world effectiveness. This shift reflects global trends in enforcement across the UK, EU, and US, where regulators are increasingly...
