SFO director: body needs to 'up its game'

clock

The director of the Serious Fraud Office (SFO) has admitted the organisation has been suffering from "failure in quality" and needs to "up its game", the Telegraph reports.

David Green told MPs on the Justice Select Committee recent failed investigations, which he described as a “fiasco”, were down to poor quality management. “We need to up our game on performance, and I’m all for that. We do a very difficult job in difficult circumstances,” he said. The Telegraph reports he also said the SFO needs to shift from doing deals with companies it investigates to prosecuting in court. “No one would be happier than I would if we had more prosecutions,” he said, adding: “I dare say the public is unhappy if they think serious fraud is not dealt with and thi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

The advice/guidance boundary review: More shades of grey?

The advice/guidance boundary review: More shades of grey?

'The feedback to the FCA is clear: rules are preferred to guidance'

Nina Cherry and Aneta Murdza
clock 09 April 2024 • 4 min read
Unauthorised director to hand investors £1.6m following FCA probe

Unauthorised director to hand investors £1.6m following FCA probe

Amount secured for investors by the FCA following High Court approval

Isabel Baxter
clock 04 April 2024 • 1 min read
Advisers sound positive note on LTA changes but flag need for support

Advisers sound positive note on LTA changes but flag need for support

The LTA will be abolished this week at the end of the tax year

Hope Coumbe
clock 02 April 2024 • 1 min read