The Serious Fraud Office has published its Corporate Co-operation Guidance, outlining the level of co-operation required if an entity hopes to avoid a criminal prosecution or to enter into a Deferred Prosecution Agreement (DPA).
This includes identifying suspected wrongdoing, self-reporting, and preserving and providing evidence. However, there is a caveat: even “full, robust co-operation” is no guarantee of a favourable resolution.
This is the first time the SFO has provided detailed written guidance on its attitude to co-operation, and it is made clear that this “means providing assistance to the SFO that goes above and beyond what the law requires”.
‘Enforcement 40’ for 2020
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