Category Archives: News

David Corker comments on NCA’s freeze of £100M in foreign bribery probe

The National Crime Agency has confirmed that a Westminster Magistrates Court has frozen over £100 million as part of a foreign bribery probe. Commenting on this development, Partner David Corker said: “The NCA is taking advantage of the expanded asset freezing powers made available by the Criminal Finances Act 2017.  It is seeking to showcase this […]

Edward Grange quoted in the media on Robert Buckland comments

Justice secretary Robert Buckland, QC, has stated that individuals accused of serious crimes should remain anonymous until they have been charged if they have a reputation to protect. Partner Edward Grange has said in response to this: “It has long been a justification for naming those accused of serious sexual offences that doing so would encourage other potential victims […]

Jessica Parker comments in The Sunday Telegraph on SFO spending cuts

Funding cuts at the Serious Fraud Office (SFO) have been connected to a concurrent drop in conviction rates. SFO’s annual report shows that spending on lawyers and staff fell last year, while the Crown Prosecution Service Inspectorate said “neglectful” management and “unacceptable” behaviour were limiting the SFO’s ability to prosecute corporate crimes. Partner Jessica Parker has said […]

Andrew Smith comments on Sarclad acquittals in the media

Michael Sorby, Adrian Leek and David Justice have been acquitted in a case brought by the Serious Fraud Office. All three men were cleared by a jury at Southwark Crown Court of taking part in a bribery plot for their former employer, metals company Sarclad. Partner Andrew Smith commented: “These acquittals highlight again the difference between […]

Corker Binning ranked in Chambers High Net Worth Guide

Corker Binning is proud to announce that the firm has been ranked Band 1 in the Financial Crime category in the 2019 Chambers High Net Worth guide, with Partners David Corker and Peter Binning ranked as Band 1 Leading Individuals. The guide states that Corker Binning is recognised as “a top firm that acts for some of the most high-profile clients who find […]

Claire Cross discusses FCA annual enforcement performance report in GIR

The UK Financial Conduct Authority (FCA) has released its annual enforcement report on 9 which revealed that the number of cases on the watchdog’s books increased from 496 in April 2018 to 650 in March 2019. Partner Claire Cross said: “It is clear FCA enforcement needs to place more pressure on the investigatory accelerator pedal. Leaving individuals […]

Jessica Parker comments in the media on Serco’s Deferred Prosecution Agreement

The Serious Fraud Office has announced that a Deferred Prosecution Agreement (DPA) with Serco Geografix Limited (SGL), a wholly-owned subsidiary of Serco Group, has been approved in principle by Mr Justice William Davis. Partner Jessica Parker said: “Today’s announcement is a significant milestone for Lisa Osofsky. The appointment of a former US prosecutor was seen as a […]

Andrew Smith discusses whether deferred prosecution agreements are unfair in Law360

The recent collapse of the Serious Fraud Office’s prosecution of three former Tesco PLC managers has led many commentators to denounce the deferred prosecution agreement regime as unfit for purpose. It is asserted that there is a legal incoherence when individuals are acquitted in their trials but identified as seemingly complicit in criminality in a […]

Andrew Smith comments on Boris Johnson challenge in the media

Boris Johnson, the former foreign secretary, has successfully challenged a demand to appear in court after a private prosecution was brought against him by campaigner Marcus Ball. Mr Johnson was accused of misconduct in a public office over claims he made during the Brexit referendum campaign about the UK sending £350m a week to the EU. […]

Rachel Quickenden discusses the amendment to the SFO’s guidance on the attendance of lawyers at section 2 interviews in Crimeline

Introduction In June 2016 the SFO published new guidance concerning the attendance and conduct of lawyers at witness interviews under section 2 of the Criminal Justice Act 1987. This guidance limited the role of such lawyers, stressing that they were permitted to provide only “essential assistance […] by way of legal advice or pastoral support”.  […]