The SFO is engaging in more productive dialogue with companies to resolve problems of corruption, say Nick Gray and Jonathan Cotton
This year has seen increased enforcement activity by the Serious Fraud Office. Since late 2008, the SFO has publicly announced its investigation and/or disposal of cases ranging from mortgage frauds and boiler rooms to Ponzi schemes and high-value international corruption, including the latest chapter in its long-running scrutiny of BAE Systems.
On 26 October 2009, the SFO announced its use of a consent order to obtain civil recovery of over £5 million from Amec plc, a large international engineering company. Building on the cases of Balfour Beatty (October 2008) and Mabey & Johnson (September 2009), the Amec recovery order suggests that the SFO is increasingly confident and flexible in its approach to corporate liability, both civil and criminal, regarding corruption.
The SFO used its relatively new powers under Part 5 of the Proceeds of Crime Act 2002 (POCA) to obtain civil recovery from Amec regarding the company’s receipt of irregular payments. Amec agreed to pa...
This article is part of our subscription-based access. Please pick one of the options below to continue.
SUBSCRIBE for one User
Unlimited access to the entire SJ website for a full year for one user.
- 10 issues a year delivered to you
- Digital edition of the magazine for one user – sent to your inbox or accessible through the website
- Access to premium content on the website
- Access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
- Weekly email newsletter with all the latest news, analysis and features
- Comment on SJ content and contribute to the SJ community online
- Advanced search feature
- Online support
- Access to SJ app compatible with Android and Apple devices – coming soon!
- 6 special focuses per year
- Special offers and discounts on Solicitors Journal and IICJ events
Subscribe
CORPORATE SUBSCRIPTION
Your department or entire firm can subscribe to Solicitors Journal online, providing easy access for all who require it. Discount corporate subscription rates apply, based on number of users.
The Corporate IP Licence includes:
- Digital copy of the magazine sent to individuals’ inboxes and accessible through the website. Solicitors Journal publishes 10 issues per year
- Unlimited access to premium content on the website based on IP addresses
- Unlimited access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
- Weekly email newsletter with all the latest news, analysis and features
- Comment on SJ content and contribute to the SJ community online (username required)
- Unlimited access to SJ app compatible with Android and Apple devices
- 6 special focuses per year
- Special offers and discounts on Solicitors Journal and IICJ events
The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.
To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on emily.beechey@solicitorsjournal.com.
