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Signs of Spring at the U.K.’s Serious Fraud Office: Challenges, Changes, and the Impact on Global Anti-Corruption Compliance

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Despite regular criticism over the past several years from commentators in both the U.K. and the U.S. with respect to its core competency and commitment to adequate resourcing of its enforcement efforts, the U.K.’s white-collar prosecuting agency, the Serious Fraud Office (“SFO”), is showing signs of having turned a key enforcement corner. In this client alert, we survey the relevant criticism of the agency, provide an update on enforcement of the U.K. Bribery Act –…