The Serious Fraud Office ("SFO") - the UK department that investigates and prosecutes serious or complex fraud and corruption - has reviewed its policies on facilitation payments, business expenditure (hospitality) and corporate self-reporting. The purpose is to:
- restate the SFO's primary role as an investigator and prosecutor of serious or complex fraud, including corruption
- ensure there is consistency with other prosecuting bodies
- meet certain recommendations made by the Organisation for Economic Cooperation and Development
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