16 Dec 2016
The Serious Fraud Office (SFO) would like to extend the strict liability “failure to prevent bribery” offence that is currently encapsulated in S7 of the Bribery Act. Its thinking is that this will make its job as a prosecutor much easier when it comes to taking criminal enforcement action against companies. At a time when the United States is shifting towards a greater focus on individuals – as set out in the Yates Memo – why is the UK seeking to move in the opposite direction? And more importantly, to what end?
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