US Department of Justice

The Serious Fraud Office (SFO) has entered into a record-breaking Deferred Prosecution Agreement (DPA) with the global aerospace company Airbus SE following its approval by Dame Victoria Sharp, President of the Queen’s Bench Division. Under the terms of the DPA, Airbus SE has agreed to…

The Serious Fraud Office (SFO) has just published a guidance document on how the organisation will assess the compliance programmes of the companies which it investigates. Here, Aziz Rahman outlines his concerns that the guidance perhaps falls somewhat short of what’s required. Compliance is a…

Cansun Güralp, Andrew Bell and Natalie Pearce have been acquitted of conspiracy to make corrupt payments in relation to payments made to a South Korean public official between 2002 and 2015. The conclusion of the trial removes reporting restrictions on the Deferred Prosecution Agreement (DPA) reached…

The US Department of Justice (DoJ) has formally charged the leader of an organised cyber criminal group for their involvement in a malicious campaign affecting Government, infrastructure, business and the public globally. UK and US-based investigations by the National Crime Agency (NCA), the FBI and the…

The Financial Conduct Authority (FCA) has recently fined Standard Chartered Bank (Standard Chartered) the sum of £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty ever imposed by the FCA for AML controls…

The National Cyber Security Centre (NCSC) has identified that a number of cyber actors widely known to have been conducting cyber attacks around the world are, in fact, the GRU (the Main Directorate of the General Staff of the Armed Forces of the Russian Federation).…

On Monday 21 December 2016, an individual charged in connection with an ongoing Serious Fraud Office (SFO) bribery and corruption investigation was found guilty by a Jury of two destruction of evidence offences, contrary to Section 2(16) of the Criminal Justice Act 1987. Richard Kingston,…

Cifas, the UK’s leading fraud prevention service, has asked Chancellor of the Exchequer George Osborne and the Government to make sure that this year’s Budget includes a clear focus on tackling the serious and growing issue of fraud and its effects on UK plc. The…