Director David Green Reveals Steps To Tackle Corporate Crime
The Serious Fraud Office (SFO) is looking to re-establish its links with national security agencies as it looks to boost its efforts to tackle major corporate crime.
David Green, the director of the body, told The Times that the move was part of a range of steps, which include improving analysis of open-source data, to boost efforts to identify issues and tackle them as soon as possible.
He added that the aim of the move was to ensure corporates understand that any wrongdoing will be identified.
“I want to be far more proactive on the intelligence gathering side so that companies know they might be found out if they don’t self-report,” he outlined.
Mr Green’s comments have come around a month after he told a conference in London that the organisation is now on “an upward trajectory”.
Expert Opinion
David Green’s comments show how serious the SFO are in their fight against corporate crime. The SFO is working to ensure it has a comprehensive approach when it comes to tackling this issue in the UK and across the globe. <br/> <br/>"Accountability is top of the agenda and it is interesting how the SFO is looking to ensure that corporates which don't self-report bribery and corruption have simply nowhere to hide. It is another clear indication that all businesses need to ensure their houses are in order. Failure to do so may meet with significant consequences."