2020-128 – Section 2 notices over last 5 years
?>Date Answered: 14 Medi 2020
Last year you issued 629 section 2 notices, according to your annual report. Over the last five years, what proportion of these notices have been associated with an investigation that has led to a prosecution, and a successful result? If any of these have involved banks, please let me know.
I can confirm that the SFO holds the information requested. The information for the last five financial years (2015/2016 to 2019/2020) is listed in the below table:
Total number of s2 notices
|
3869 |
|
Total number of cases
|
83 |
|
Total number of cases with charge and successful outcome (conviction after trial, deferred prosecution agreement or guilty plea)
|
26 |
|
Total number of s2 notices issued* (cases with charge / successful outcome only)
|
1150 |
30% |
*Total number of these s2 notices issued sent to banks
|
226 |
20% |
Please note, the 20% for s2 notices issued to banks is out of the 1150 s2 notices issued in cases with charge / successful outcome only and not the total number of all s2 notices issued during the complete timeframe.