Category: bribery

Metropolitan police corruption report prompts call for inquiry – The Guardian

Posted January 10th, 2014 in bribery, corruption, news, police, reports by tracey

‘The head of the Metropolitan police will be asked to ensure corruption no longer exists in the force after a confidential report into organised crime infiltrating Scotland Yard was leaked to a newspaper. The report said organised criminals “were able to infiltrate Scotland Yard at will by bribing corrupt officers”, according to the results of the secret internal report written in 2002.’

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The Guardian, 10th January 2014

Source: www.guardian.co.uk

Justice Committee calls for “more meaningful” penalties for companies convicted of financial crime – OUT-LAW.com

Posted November 14th, 2013 in bribery, company law, financial regulation, fines, fraud, money laundering, news, penalties, select committees, sentencing by tracey

“Fines handed to companies convicted of fraud or other financial crimes should be calculated as a percentage of turnover, rather than with reference to the amount of financial harm caused, a committee of MPs has said.”

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OUT-LAW.com, 13th November 2013

Source: www.out-law.com

SFO could snoop on communications to uncover evidence of corruption, says director – OUT-LAW.com

Posted October 28th, 2013 in bribery, corruption, electronic mail, fraud, interception, internet, investigatory powers, news, privacy, Serious Fraud Office, telecommunications by sally

“The director of the Serious Fraud Office (SFO) has warned that the agency may use powers of surveillance to uncover evidence of corruption within corporates.”

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OUT-LAW.com, 25th October 2013

Source: www.out-law.com

Significant changes to corporate crime regime on the way as National Crime Agency launches – OUT-LAW.com

Posted October 9th, 2013 in bribery, corruption, fraud, news, ombudsmen, penalties, whistleblowers by sally

“US-style incentives for whistleblowers against corporate fraud, bribery and corruption offences could be introduced in the UK following the launch of the new National Crime Agency (NCA), an expert has said.”

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OUT-LAW.com, 8th October 2013

Source: www.out-law.com

More bribery prosecutions imminent as SFO confirms eight cases under investigation – OUT-LAW.com

Posted September 6th, 2013 in bribery, corruption, fraud, news, prosecutions, Serious Fraud Office by tracey

“The head of the Serious Fraud Office (SFO) has responded to critics of the UK’s new anti-corruption legislation, confirming that the department has eight cases under investigation.”

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OUT-LAW.com, 5th September 2013

Source: www.out-law.com

Fighting economic crime in the modern world – Attorney General’s Office

Posted September 3rd, 2013 in banking, bribery, crime, deferred prosecution agreements, fraud, national crime agency, news, speeches by sally

“Solicitor General makes the opening speech of the 31st Cambridge International Symposium on Economic Crime Originally given at Cambridge.”

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Attorney General’s Office, 2nd September 2013

Source: www.gov.uk/ago

No room for corporate complacency, says expert, as SFO brings first Bribery Act charges – OUT-LAW.com

Posted August 16th, 2013 in bribery, company law, fraud, news, prosecutions, Serious Fraud Office by tracey

“The Serious Fraud Office (SFO) has made its first charges in relation to offences under the Bribery Act, it has announced.”

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OUT-LAW.com, 16th August 2013

Source: www.out-law.com

Deferred Prosecution Agreements ‐ at one with atonement – Dyers Chambers

Posted July 31st, 2013 in bribery, company law, deferred prosecution agreements, fraud, money laundering, news by sally

“With the Crime and Courts Act having received Royal Assent on 25 April 2013, Andrew Price looks at the genesis of Deferred Prosecution Agreements (DPAs) and what may lie in store for the future.”

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Dyers Chambers, 11th July 2013

Source: www.dyerschambers.com

Tough new bribery sentencing guidelines will shape deferred prosecution agreements framework, says expert – OUT-LAW.com

Posted June 28th, 2013 in bribery, codes of practice, deferred prosecution agreements, fines, news, sentencing by tracey

“Tough proposed sentencing guidelines will inform the level of financial penalties set by the Serious Fraud Office (SFO) under new deferred prosecution agreements (DPAs), an expert has said.”

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OUT-LAW.com, 28th June 2013

Source: www.out-law.com

Sentencing Council moves for tougher terms for UK-based fraudsters – The Guardian

Posted June 28th, 2013 in bribery, foreign jurisdictions, fraud, news, sentencing by tracey

“Latest moves are a step in the right direction but they fall short of pledge to ‘take white collar crime as seriously as other crime.’ ”

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The Guardian, 27th June 2013

Source: www.guardian.co.uk

Fraud, bribery and money laundering offences draft guideline – Sentencing Council

Posted June 27th, 2013 in bribery, consultations, fraud, money laundering, news, sentencing by sally

“The Sentencing Council is updating guidance for courts so that all fraud offences are covered by a consistent set of guidelines that will also deal with corporate offenders.”

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Sentencing Council, 27th June 2013

Source: http://sentencingcouncil.judiciary.gov.uk

Review into Bribery Act would be ‘premature’, says expert – OUT-LAW.com

Posted May 30th, 2013 in bribery, legislation, news, select committees by sally

“Any review of the UK bribery laws which came into force in July 2011 would be ‘premature’, an expert has said.”

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OUT-LAW.com, 29th May 2013

Source: www.out-law.com

Civil recovery still an option in cases of complex fraud or bribery, SFO confirms – OUT-LAW.com

Posted April 24th, 2013 in assets recovery, bribery, corruption, fraud, news by sally

“The Serious Fraud Office (SFO) remains open to pursuing civil recovery where appropriate in cases of serious or complex fraud, including bribery and corruption offences, it has confirmed.”

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OUT-LAW.com, 23rd April 2013

Source: www.out-law.com

Student jailed for £5,000 attempt to bribe professor over failed dissertation – The Independent

Posted April 23rd, 2013 in bribery, firearms, news, sentencing, universities by sally

“A failing student who offered his professor £5,000 in cash in a bid to pass his degree was jailed for 12 months today.”

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The Independent, 23rd April 2013

Source: www.independent.co.uk

Secret commissions and proprietary claims – where are we now? – 11 Stone Buildings

Posted March 21st, 2013 in agency, appeals, bribery, constructive trusts, news by sally

“Practitioners were trained to believe that an agent would hold a bribe on trust for his principal. Then came Sinclair v Versailles which appeared to have decided that the principal’s remedy would be merely personal. Now everything seems to have changed again. In this ‘Insider’ note Peter Head examines the Court of Appeal’s recent decision in FHR European Ventures LLP v Mankarious and considers where we are now.”

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11 Stone Buildings, March 2013

Source: www.11sb.com

Bungs in Football – The Legal Goalposts for Clubs, Managers and Agents – 11 KBW

Posted February 27th, 2013 in bribery, corruption, news, sport by sally

“On Tuesday 19 September 2006, BBC’s Panorama made a number of allegations about corruption in football. The most serious allegations concern the alleged widespread bribery of football club directors, managers and scouts by agents seeking to place the players for whom they act.”

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11 KBW, 19th February 2013

Source: www.11kbw.com

Deferred Prosecution Agreements – Sir Anthony Hooper, Former Lord Justice of Appeal – Fulcrum Chambers

Posted January 29th, 2013 in bribery, company law, deferred prosecution agreements, negligence, news, penalties by sally

“Since the early 90s US prosecuting authorities have been using deferred prosecution agreements. They are said to raise about $2.5bn a year in penalties, often in respect of criminal activities with little connection to the US. A deferred prosecution agreements involves the filing in court of agreed charges against a corporation, subject to a condition that the charges will not be pursued if the corporation complies with the often stringent terms of the agreement for a specified period. Such terms will include the payment of substantial sums to reflect broadly the fine that would have been paid had the corporation pleaded guilty and to reflect the confiscation and compensation regimes. Corporations are likely also to have to agree to the appointment of a monitor to ensure their adherence to proper standards of behaviour.”

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Fulcrum Chambers, January 2013

Source: www.fulcrumchambers.com

New tool to fight economic crime – Ministry of Justice

Posted October 24th, 2012 in bribery, fraud, money laundering, news, prosecutions by sally

“A new measure announced today [23 October] will help prosecutors combat corporate offending including fraud, money laundering and bribery – which cost the UK billions of pounds each year.”

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Ministry of Justice, 23rd October 2012

Source: www.justice.gov.uk

Solicitor General: Keynote speech to World Bribery and Corruption Compliance Forum – Attorney General’s Office

Posted October 24th, 2012 in bribery, corruption, news, prosecutions by sally

Solicitor General: Keynote speech to World Bribery and Corruption Compliance Forum

Attorney General’s Office, 23rd October 2012

Source: www.attorneygeneral.gov.uk

SFO removes preference for civil settlement from Bribery Act self-reporting guidance – OUT-LAW.com

Posted October 11th, 2012 in bribery, news, prosecutions, Serious Fraud Office by sally

“Businesses that ‘self-report’ illegal acts of bribery to the Serious Fraud Office (SFO) could still face prosecution in cases where there is a ‘reasonable prospect of conviction’ and if it is ‘in the public interest’ to do so, the SFO has said.”

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OUT-LAW.com, 11th October 2012

Source: www.out-law.com