The U.S. Justice Department has grown increasing reliant on deferred prosecution agreements that allow prosecutors to require corporate reforms and other penalties in exchange for holding off on pursuing a conviction. Now the British government may be getting into the act.
The U.K. Ministry of Justice published a much-anticipated consultation paper recently on whether to adopt DPAs in an effort to fight corporate bribery and corruption without having to win a conviction in every case. While the program, which provides a tool to for the Justice Department to insist on reforms in cases that could be difficult or expensive to prosecute, has been in use in the U.S. since 1991, the idea has little grounding in British law.
“It's quite a novel concept for the U.K.,” says Mark Beeley, a partner in the London office of law firm Vinson & Elkins. “We don't have plea... To get the full story, subscribe now.
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