Dealing with a tougher enforcement approach at the SFO

The question of how to respond to a discovery of wrongdoing – such as the news that there may have been corruption somewhere in the business – has become more complicated for UK companies, following recent changes at the Serious Fraud Office (SFO). A perceived shift in the SFO’s attitude towards a more prosecution-oriented approach is resulting in increased uncertainty and confusion among corporates as to the outcome of any self-report of misconduct. There has been little public evidence so far