The director of the Serious Fraud Office and the director of Public Prosecutions published a joint code of practice on the use of deferred prosecution agreements, a new enforcement tool that will become available to prosecutors on Feb. 24.

The U.K. announced plans to introduce DPAs in October 2012. They later were introduced in the Crime and Courts Act, which received royal assent in April 2013. DPAs will only apply to organizations in cases of economic crime; they do not apply to individuals

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...