SFO Proposes Leniency for Firms that Come Clean Over Commercial Crime.

The Serious Fraud Office (SFO) intends to emulate American practice by allowing companies that admit their transgressions to plea-bargain with prosecutors for more lenient sentences.

The decision follows a report which compared the SFO's results with those of the US Department of Justice and concluded that the SFO 'uses significantly more resources per case...and achieves significantly less for its efforts'.

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