header-logo header-logo

24 April 2024
Issue: 8068 / Categories: Legal News , Fraud , Criminal
printer mail-detail

Serious Fraud Office enters era of pragmatism

Criminal lawyers have broadly welcomed a five-year strategy for the beleaguered Serious Fraud Office (SFO)

Recently appointed SFO director Nick Ephgrave’s foreword states he wants cases to ‘progress at a faster rate’, with ‘bold and pragmatic decisions’ taken on casework.

The strategy, published last week, sets out four key outcomes: to have ‘a highly specialised, engaged and skilled workforce’; keep on top of new technology; combat crime through ‘intelligence, enforcement and prevention’; and be a ‘proactive, authoritative player in the global and domestic justice system’.

Nick Barnard, partner at Corker Binning, noted Ephgrave ‘has decided to set aside the previous iteration of the SFO Strategy—which was intended to run until 2025—and begin his tenure with a fresh slate.’

Barnard said the focus on recruitment and retention was ‘notable’ as ‘this has been a problem for the SFO in recent years, which must be resolved if high-profile failures of the kind which dogged the [former director Lisa] Osofsky era are to be avoided’. 

Barnard pointed out Ephgrave’s repeated references to ‘pragmatism’—‘a word completely absent from the previous strategy. This may demonstrate an understanding that the SFO needs to be realistic on what it can achieve with the law and resources available to it.’

Louise Hodges, partner at Kingsley Napley, said the plan contained ‘some important new ideas… for example, the desire to increase or better use intelligence—whether real-time covert intelligence, whistleblowers or assisting offenders—would be a shift in SFO techniques, although not without risk.

‘A big question mark for me is which type of organisation the SFO sees as its target. So far, the investigations opened under the new director have involved relatively small and lesser-known businesses, some already in administration.’

Issue: 8068 / Categories: Legal News , Fraud , Criminal
printer mail-details

MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

NEWS
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
back-to-top-scroll