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UK unveiling new anti-corruption plan, reviewing white collar enforcement

Speaking at the C5 Anti-Corruption Conference in London Tuesday, Oliver Heald, the UK Solicitor General, announced that Britain’s first anti-corruption plan will be published in the next few weeks.

In a sneak preview, the Solicitor General said that the report will emphasize how coordination across law enforcement and government agencies will improve and responses will be faster, said.

Heald, pictured above, also said improving the detection of illicit money and rooting out corruption were key components of the plan.

The Serious Fraud Office, National Crime Agency, Financial Conduct Authority, and City of London Police Overseas Anti-Corruption Unit are being reviewed by a cross-departmental working group.

Commenting on the report, Ken Clarke, a conservative member of Parliament, said that a significant increase in the budget for investigating white-collar crime was likely, said.

Answering a similar question about additional funding, Heald was more evasive, saying it would be an area that would be explored.

Heald said officials were also considering whether corporate criminal liability laws should be revised to make it easier to prosecute companies for crimes such as bribery.

New legislation would be unlikely before the election in 2015, he said.

Details about the C5 Group’s Anti-Corruption London Conference (June 24-25) can be found here.


Julie DiMauro is the executive editor of FCPA Blog and can be reached here.

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