Bribery relating to investments in Cambodian biofuel (Sustainable Growth Group) In 2012, the SFO launched an investigation into the mis-selling of investment products between April 2011 and February 2012 relating to biofuel Jatropha tree plantations in Cambodia by Sustainable Growth Group (SGG) and its subsidiary Sustainable AgroEnergy plc (SAE). The biofuel products were sold to UK investors, who were, […]

The Bribery Act 2010 (the “Act”) came into force on 1 July 2011. Whilst the Act is UK legislation which is not directly applicable to Jersey/Guernsey, its far reaching provisions mean that it does impact on Jersey/Guernsey based companies and individuals with connections to the UK. It is therefore important that Jersey/Guernsey based companies and […]

2015 may see an extension of the corporate offence under the Bribery Act to make companies liable for “failing to prevent” any economic crime. In 2015 we are likely to see the introduction and/or prosecution of a range of new offences, including energy market manipulation and insider dealing offences and a strict liability cartel offence, […]