i-law

Fraud Intelligence

UK DPAs – what future?

Neil Williams (+44 (0)203 910 4566, neil.williams@rahmanravelli.co.uk) is legal director at Rahman Ravelli.
Online Published Date:  05 August 2019

UK Serious Fraud Office issues deferred prosecution guidance for corporates

Companies considering whether to cooperate with the UK Serious Fraud Office (SFO) in a bid to avoid prosecution have a clearer idea of the agency’s expectations with publication of new guidance on 6 August [2019]. [1]A deferred prosecution agreement..
Online Published Date:  07 August 2019

Five million UK investors at risk of pension fraud, say regulators

In a survey of UK pension savers, for the Financial Conduct Authority and The Pensions Regulator, 42%, equivalent to five million across the population, proved vulnerable to at least one of the techniques used by fraudsters. Investors who considered..
Online Published Date:  07 August 2019

UK high street banks set payee confirmation deadline by regulator

The UK’s six majorbanking groups have been instructed to fully implement new ‘Confirmation of Payee’ (CoP) rules by 31 March 2020 to reduce the threat of fraudulent activity.The country’s Payment Systems Regulator (PSR) says it has issued a..
Online Published Date:  12 August 2019

Spectre of privilege issues looms large in SFO's corporate cooperation guidance

Nathan Capone (+44 (0)20 7861 4193, nathan.capone@fieldfisher.com) is a Director and Alexandra Hulme (+44 (0)207 861 4978, alexandra.hulme@fieldfisher.com) a Senior Associate in the Dispute Resolution team at Fieldfisher.
Online Published Date:  12 August 2019

UK fraud reporting centre staff ridiculed victims – insider story

Staff at the UK Action Fraud helpline centre mocked and misled victims, The Times has revealed. [1]An undercover reporter found that frontline employees were often school-leavers with two weeks' training; covert filming showed some asleep on the..
Online Published Date:  20 August 2019

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