John Gibson provides thoughtful analysis for the FT “Big Read,” examining the challenges facing the UK Serious Fraud Office and the future of white-collar enforcement.
One of John’s sharpest observations, however, was left on the cutting room floor: the SFO is capable of far more than many give it credit for, but only if UK governments, of whatever political complexion, fully fund anti-corruption enforcement instead of approaching the task on seven- to ten-year installment plans.
At a moment when U.S. white-collar enforcement is retrenching, John makes the case that the UK has both an opportunity and a responsibility to lead, provided it is willing to invest accordingly.