Lexis®Library update: The Bill would remove the statutory limitation in s 2A of the Criminal Justice Act 1987 to allow the SFO to exercise its pre-investigative powers in relation to suspected fraud or domestic bribery and corruption, rather than being limited to suspected international bribery and corruption.
The SFO welcomes the new powers in the Bill which it states would enable the gathering of evidence at an earlier stage, reduce the SFO's reliance on the voluntary provision of information by third parties, and ensure a quicker process for gathering information.
Source: SFO: New Economic Crime Bill includes plans to expand SFO’s investigative powers
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 23 September 2022 and is published with permission. Further information can be found at: www.lexisnexis.co.uk
