All DPA articles – Page 2

  • LegalMicroscope
    Article

    SFO guidance could help companies combat U.K. Bribery Act charges

    2020-01-23T20:25:00Z

    New internal guidance from the U.K. Serious Fraud Office outlines what the regulator considers in determining if a company’s compliance procedures are adequate enough to defend against U.K. Bribery Act charges or qualify for a deferred prosecution agreement.

  • Shipping
    Article

    Samsung Heavy Industries to pay $75M in foreign bribery case

    2019-11-25T20:21:00Z

    Samsung Heavy Industries will pay total criminal penalties of $75.5 million to enforcement authorities in the United States and Brazil to resolve violations arising out of a bribery scheme in Brazil.

  • Ruling
    Article

    A critical review of the SFO’s DPA process

    2019-08-09T17:14:00Z

    Companies considering entering a deferred prosecution agreement with the U.K. Serious Fraud Office might instead want to take their chances with a trial following the outcomes of a trio of recent high-profile corruption cases.

  • Londoncrop
    Article

    Serco fined £19.2M over electronic tagging scandal

    2019-07-03T18:50:00Z

    The U.K. Serious Fraud Office has approved in principle a deferred prosecution agreement with Serco Geografix for fraud and false accounting that would result in a fine of £19.2 million (U.S. $24.2 million).

  • Article

    Muddled DPA outcome for Tesco accounting fraud scandal

    2019-01-25T13:00:00Z

    The U.K. Serious Fraud Office has released details of the deferred prosecution agreement it struck with Tesco—on the same day the supermarket chain’s former finance director accused of the accounting fraud was acquitted.

  • Article

    SFO targets Tesco executives in retrial

    2018-04-03T09:15:00Z

    Although British supermarket chain Tesco secured a DPA for its 2014 fraud offence, three of its executives still face a reckoning in court—with an uncertain outcome.

  • Blog

    Of Barclays and DPAs

    2017-07-11T11:45:00Z

    Is Barclays too big too jail? Tom Fox explores the banking giant’s involvement in the bailout scandal during the 2008 financial crisis.

  • Article

    Compliance, Rolls-Royce, and DPAs—what went wrong?

    2017-04-11T13:30:00Z

    If the Rolls-Royce deferred prosecution agreement is any indicator, the Serious Fraud Office plans to make heavier use of DPAs going forward, especially for companies with paper compliance programs.

  • Article

    Lessons From the SFO’s First Deferred-Prosecution Agreement

    2015-12-15T12:30:00Z

    The U.K. Serious Fraud Office struck its first-ever deferred-prosecution agreement with Standard Bank in November, giving companies some much-needed guidance on how to disclose misconduct. The SFO’s decision to use DPAs is part of a larger undertaking to put a quick end to corporate criminal cases and encourage cooperation between ...

  • Blog

    First British DPA Provides Much to Ponder

    2015-12-08T09:45:00Z

    It has finally come to pass: the first deferred-prosecution agreement under the U.K. Bribery Act. From the role of judicial oversight (greater than that in the United States) to the final statement of facts (much greater than that in the United States), the settlement with ICBC Standard Bank is full ...