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UK SFO set to let self-reporting wrongdoers avoid prosecution

By Phoebe Seers ( April 22, 2025, 15:46 GMT | Insight) -- The UK’s Serious Fraud Office is set to announce a major change to its guidance, which will see companies escape prosecution for serious wrongdoing if they self-report it. Under guidance to be published on Thursday, companies will be invited to negotiate a Deferred Prosecution Agreement, unless exceptional circumstances apply. Under existing guidance, firms that self-report still risk criminal prosecution and conviction, making it less likely they will alert the SFO if they uncover wrongdoing.The UK’s Serious Fraud Office is set to announce a major change to its guidance, which will see companies escape prosecution for serious wrongdoing if they self-report it to the watchdog....

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