New SFO Director announces bold plans to tackle fraud

Quick read

Nick Ephgrave, the new Director of the Serious Fraud Office (SFO), gave his first speech on Tuesday 13 February 2024. Outlining the key priorities under his Directorship, Ephgrave boldly announced plans to reinvigorate the SFO to adopt a more aggressive approach overall in cracking down on corporate crime and fraud, stating "I want to be the first to prosecute someone under the new provisions of the Economic Crime and Corporate Transparency Act".

New corporate offences under the Act include a corporate offence of failure to prevent fraud, which applies to large organisations, plus a widening of the test for corporate attribution of liability for economic crime (which now extends beyond the "directing mind and will test" to "senior managers").

Included in Ephgrave's ambitious plans are proposals to incentivise whistleblowers via financial remuneration, to conduct more dawn raids (with Ephgrave noting that the SFO has conducted more dawn raids in the past three months than it had in the past three years), and to make use of sentence reduction offers in order to encourage offender cooperation in SFO investigations.

Ephgrave noted that he is looking closely at how the SFO's US counterparts operate - for example, he stated whilst we have legislation available to encourage offenders to assist law enforcement authorities with investigations, its use is not "well-developed" in comparison to the US, where it is "done without any question".

In acknowledging the shortcomings of the current UK regime, Ephgrave commented on the need for a faster evidence review process on active cases, including spearheading the use of technology assisted review within the organisation, as well as more proactivity and collaboration with other law enforcement agencies in general - with Ephgrave citing the recent cooperation between the Met and the SFO in the Axiom Ince case.

The new Director's speech is a further signal that domestic fraud is high on the agenda for the UK government and law enforcement agencies, and suggests that we can expect to see greater use of the legislative powers which are already available.

A transcript of the speech can be found here.

执业领域和服务团队纠纷和调查

本系列内容

纠纷和调查

The sting and the tale

Andrew Howell and Natalia Faekova unpack an extraordinary case. A Mexican billionaire's strong fraud claim. Former Israeli intelligence operatives hired to target the defendant's solicitor. Secret recordings over wine and dinner. A judge who called it 'anathema to civil litigation' but may have been 'too lenient'.

2025年11月19日

作者 Andrew Howell, Natalia Faekova

纠纷和调查

Opening the doors: how the January 2026 pilot will transform access to court documents

During an LSLA lecture on transparency and open justice, Mrs Justice Cockerill, recently appointed as Deputy Head of Civil Justice, outlined a pilot practice direction (PD) that will place select court documents squarely in the public domain via a new, public-facing side of the electronic court file (CE-File).

2025年10月21日

作者作者

纠纷和调查