A tailor-made approach?

On July 21, the Serious Fraud Office issued guidance on the approach it takes to overseas corruption, and the manner in which companies that self-report issues may be dealt with. The guidance confirms that the SFO wants to take a more US-style approach to enforcement to avoid protracted, and costly, prosecutions. The SFO's attempt to emulate the US may have come too late. In that event, its continued inability to successfully prosecute complex corporate crime may lead to very difficult days ahead.