UK Quarterly Review: Business Crime, Investigations, And Regulatory Enforcement – June 2021 | Morrison & Foerster LLP

In our Quarterly Review, we bring you important UK developments relating to business crime, investigations, and regulatory enforcement from the last three months. 

With this month marking half a year since the UK left the EU, the UK continues to develop its own independent legislative and regulatory framework. Most notably, this quarter, we have seen the introduction of new legislation in the financial services industry and a new, autonomous sanctions regime. We continue to watch closely how the UK navigates its independence, particularly in relation to the prevention of business crime. Whilst there have been highs and lows for the Serious Fraud Office (SFO) this quarter, other enforcement agencies have been preparing for the future by assessing how the COVID-19 pandemic has changed the risk and construct of fraud, bribery, and corruption. As restrictions resulting from the pandemic continue to ease and the “new normal” begins to materialise,…

Read more…