In this video, Stuart and Clare warn against complacency with regards to the SFO, and address likely enforcement priorities in the months and years ahead for other prominent agencies, including the Insolvency Service and Companies House.
What's Hot With UK Financial Crime Enforcement
In this three-part video series, London partner Stuart Alford KC speaks with leading London barrister Clare Sibson KC about current UK financial crime enforcement and the landscape post-pandemic.
Post-pandemic, is the UK financial crime enforcement landscape changing? What are the likely priorities for investigators and prosecutors in a changed world?
Despite an apparently quiet period, the Serious Fraud Office continues to pursue criminal activity and there are other highly active agencies with wide-reaching powers that can sometimes be overlooked by directors and compliance teams that are assessing criminal risks to themselves and their businesses.
In this three-part video series, London partner Stuart Alford KC speaks with leading London barrister Clare Sibson KC, from Fountain Court Chambers, about current trends in financial crime enforcement, the personal liabilities of directors, and what company boards should be considering with the evolving expectations for self-reporting.
Part One: Current Enforcement Landscape
Part Two: Directors’ Duties & Liabilities
What personal liabilities do company directors face when fraud or other criminal activity is uncovered within the company? This episode explores the roles and responsibilities of directors and GCs, including some of the new ways that individuals are being held accountable.
Part Three: Corporate Self-Reporting Obligations & Criminal Allegations
Deciding whether to report or investigate a corporate crime is a critical decision for directors — especially in light of a recent court decision suggesting companies have a moral obligation to report suspected crimes. This episode looks at the evolving expectations for self-reporting, and the implications for directors in the future.