The SFO published a statement on 17 April 2013 regarding its civil recovery policy for complex fraud and bribery cases, when exercising its powers under Part V of POCA. Although brief, the statement could signal a softening of the approach regarding self-reporting which was indicated by the new Director, back in October last year. The guidance followed by the SFO in considering civil recovery as a mechanism to resolve a matter is that contained in the Attorney General’s published guidance in this area.