The SFO faces a struggle to rebuild its reputation as a credible enforcer of corporate behaviour, amid criticism that it is failing to meet the demands posed by a new wave of white-collar crime. But what lies behind the SFO’s plight, and can anything be done to arrest the slide?
Jessica Parker, Senior Partner at Corker Binning, shares her thoughts with the Financial Times in The Big Read. “There is little incentive for corporates to self-report corruption right now given the SFO’s poor success rate and the [US] Department of Justice’s retrenchment on white-collar crime,” she says.
Subject to any paywall restrictions, you can read the full article here.
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