Serious Fraud Office (Actions)

Part of Oral Answers to Questions — Attorney-General – in the House of Commons at 12:00 am on 4th December 1995.

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Photo of Mr Derek Spencer Mr Derek Spencer , Brighton, Pavilion 12:00 am, 4th December 1995

The Director of the SFO has negotiated guidelines that govern the conduct of cases between himself and the regulators. If cases are of high-level public concern and display serious dishonesty on the part of individuals, they will be prosecuted, make no mistake about that. Regulatory action may be appropriate if the offences are technical or where urgent action is needed and it can best be taken by the regulator.