Fraud Office Shake-Up May Deter Future Chiefs | White & Case LLP International Law Firm, Global Law Practice
Fraud Office Shake-Up May Deter Future Chiefs

Fraud Office Shake-Up May Deter Future Chiefs

Amber Rudd, the UK government's home secretary, announced plans to organize the Serious Fraud Office under a new national economic crime centre in an effort to better combat financial crime. However, the plans could complicate the process of hiring a successor to current SFO Director David Green when he steps down in 2018. London-based White & Case partner Jonathan Pickworth said: "Not only does this represent an encroachment on the SFO's independence, but it wrongly implies that the director may not be the best judge of how and where to implement resources. Anyone considering applying for the role of director will want to understand exactly what this new legislation will involve and how it will affect that role." Click here to read more (paywall).