New
Guidance on the U.K. Bribery Act and Self Reporting
Issued by the Serious Fraud Office
The
Serious Fraud Office (SFO) published its new guidance on
self reporting, facilitation payments and hospitality on
October 9, 2012. The guidance follows the arrival of
David Green CB QC as the new SFO director. It reiterates
that the SFO’s primary role is to investigate and
prosecute. The revised policies make it clear that there
will be no presumption in favour of civil settlements.
This is a restatement of the traditional decision making
principles in criminal litigation. The new guidance
explicitly retracts guidance on self reporting,
facilitation payments and hospitality provided by the
SFO in the past.
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