Aziz Rahman
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Corporate Crime: Reaping the Benefits of Self-Reporting

Recently disclosed statistics show that only a small number of companies are prosecuted after self-reporting bribery and corruption. Aziz Rahman observes that such a course of action demands careful consideration. There’s a widely-accepted view that, when it comes to...
Posted On 20 Feb 2020
Aziz Rahman
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The Airbus Case Settlement: Significant Facts Behind the Figures

As reported by Risk Xtra, the Deferred Prosecution Agreement (DPA) recently announced between Airbus and the Serious Fraud Office (SFO) means that the former will pay €991 million – making it the UK’s largest DPA – as part of a €3.6 billion global settlement. Here, Aziz Rahman...
Posted On 10 Feb 2020
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SFO enters into €991 million DPA with Airbus as part of €3.6 billion resolution

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...
Posted On 31 Jan 2020
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The Co-Operation Corkscrew: Assisting the SFO in Criminal Investigations

In criminal law, fundamental protections exist to safeguard individuals and companies alike against self-incrimination. Here, Elliott Kenton examines whether an increasing tendency among corporate organisations to co-operate with investigators serves to undermine these essential...
Posted On 23 Jan 2020
Aziz Rahman
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Deferred Prosecution Agreements: Why Companies Need to be Careful

The recent acquittal of three senior figures at Guralp Systems on charges of conspiracy to make corrupt payments came two months after the company admitted wrongdoing when entering into a Deferred Prosecution Agreement (DPA). Here, Aziz Rahman (whose firm Rahman Ravelli...
Posted On 16 Jan 2020
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Three individuals acquitted as SFO confirms DPA with Güralp Systems Ltd

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...
Posted On 24 Dec 2019
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Fraud and false accounting charges levelled at former Serco directors by SFO

The Serious Fraud Office (SFO) has charged two individuals with fraud and false accounting in relation to its investigation into Serco’s electronic monitoring contract with the Ministry of Justice. Nicholas Woods (former finance director of Serco Home Affairs) and Simon Marshall...
Posted On 16 Dec 2019
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Three individuals acquitted as Serious Fraud Office confirms DPA with Sarclad Ltd

Michael Sorby, Adrian Leek and David Justice have been acquitted of conspiracy to corrupt and conspiracy to bribe. The presiding Jury found the three men not guilty of conspiring with various agents to agree bribes in relation to 27 separate overseas contracts for their company,...
Posted On 17 Jul 2019
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Serious Fraud Office announces DPA in principle with Serco Geografix Limited

The Serious Fraud Office has announced that a Deferred Prosecution Agreement (DPA) with Serco Geografix Limited (SGL), a wholly-owned subsidiary of the Serco Group, has been approved in principle by Justice William Davis. On Thursday 4 July 2019, the SFO will apply for final...
Posted On 03 Jul 2019
Syedur Rahman
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Are Large Fines for Banks’ Wrongdoings Really Effective?

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...
Posted On 02 May 2019
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