New cooperation guidance issued by the SFO

The SFO’s new cooperation guidance SFO Corporate Guidance - GOV.UK (published on 24 April) updates the SFO’s original cooperation guidance published in 2019 and comes ahead of the new failure to prevent fraud offence coming into force in September 2025 (see here: Failure to prevent fraud: What should you be doing before September? | Global law firm | Norton Rose Fulbright).

The updated cooperation guidance provides helpful pointers on factors the SFO will consider in offering a Deferred Prosecution Agreement, reduced penalties, or making a decision not to prosecute. It also sets out the potential benefits of self-reporting, and its expectations in relation to the self-reporting process and cooperation.

In this article our team explains some of the key changes to the guidance. You can access the full article HERE