header-logo header-logo

LNB NEWS: Economic Crime and Corporate Transparency Bill proposes expanded SFO investigative powers

26 September 2022
Categories: Legal News , Criminal , Fraud , Regulatory
printer mail-detail
Following the introduction of the Economic Crime and Transparency Bill, the Serious Fraud Office (SFO) has welcomed the Bill's provisions to expand the SFO's investigative powers. 

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

Categories: Legal News , Criminal , Fraud , Regulatory
printer mail-details

MOVERS & SHAKERS

Gilson Gray—Paul Madden

Gilson Gray—Paul Madden

Partner appointed to head international insolvency and dispute resolution for England

Brachers—Gill Turner Tucker

Brachers—Gill Turner Tucker

Kent firm expands regional footprint through strategic acquisition

Quinn Emanuel Urquhart & Sullivan—William Charles

Quinn Emanuel Urquhart & Sullivan—William Charles

Financial disputes and investigations specialist joins as partner in London

NEWS
Ministers’ proposals to raise funds by seizing interest on lawyers’ client account schemes could ‘cause firms to close’, solicitors have warned
Is a suspect’s state of mind a ‘fact’ capable of triggering adverse inferences? Writing in NLJ this week, Andrew Smith of Corker Binning examines how R v Leslie reshapes the debate
The Ministry of Justice (MoJ) has not done enough to protect the future sustainability of the legal aid market, MPs have warned
Writing in NLJ this week, NLJ columnist Dominic Regan surveys a landscape marked by leapfrog appeals, costs skirmishes and notable retirements. With an appeal in Mazur due to be heard next month, Regan notes that uncertainties remain over who will intervene, and hopes for the involvement of the Lady Chief Justice and the Master of the Rolls in deciding the all-important outcome
After the Southport murders and the misinformation that followed, contempt of court law has come under intense scrutiny. In this week's NLJ, Lawrence McNamara and Lauren Schaefer of the Law Commission unpack proposals aimed at restoring clarity without sacrificing fair trial rights
back-to-top-scroll