All DPAs articles
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News BriefDOJ official defends use of DPAs amid criticisms
Deputy Assistant Attorney General Lisa Miller spoke to the value of deferred prosecution agreements to resolve corporate misconduct amid renewed criticism directed toward the Department of Justice’s 2021 agreement with Boeing.
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ArticleResource demand to enforce GDPR weighing heavy on EU authorities
A new report from the European Data Protection Board has found an overwhelming majority of data protection authorities believe they are under-resourced to deal with the demands of the General Data Protection Regulation.
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ArticleSFO cooperation guidance provides clarity on leniency
In recent guidance, the SFO for the first time has formally set out expectations essential to U.S.-type deferred prosecution agreements, but some say the low number of companies accepting criminal responsibility may negate the provision’s worth.
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Blog
Once again, no judicial review of DPAs
While there will be no official review, a recent case where a federal district court approved a limited release of a Monitor’s report from the financial institution HSBC will have an impact on the court’s treatment of DPAs.
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Blog
First DPA Under U.K. Bribery Act
Image: On Monday the U.K. Serious Fraud Office announced its first deferred-prosecution agreement under the Bribery Act for bribes ICBC Standard Bank Plc paid to government officials in Tanzania intended to sway their favor toward a proposed $600 million private placement. Inside, our anti-corruption blogger Tom Fox explores what lessons ...
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Blog
ICBC Standard Bank Gets First U.K. Deferred Prosecution Agreement
ICBC Standard Bank has become the recipient of Britain's first deferred prosecution agreement, the U.K. Serious Fraud Office announced today. The bank will pay a total of $32.6 million in fines and repayments of bribery payments resulting from allegations of bribery in Tanzania. “This landmark DPA will serve as a ...
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Article
Internal Investigations Just Got a Lot More Complicated
Image: Compliance officers should brace themselves after Deputy Attorney General Sally Yates’ speech last week calling for more prosecution of individuals involved in corporate misconduct—the implications for internal investigations are huge. Inside we have the full analysis of how this policy shift, which sharply splits company and executive interests, will ...
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Blog
Justice Department Extends Standard Chartered DPA
The U.S. Attorney's Office for the District of Columbia and the Department of Justice have decided to extend for three more years a deferred prosecution agreement reached with British bank Standard Charted Bank in 2012, finding that it has not satisfied the requirements of the original agreement—and may have ...
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Article
Britain Plans Law to Criminalize Failure to Prevent Financial Crimes
U.S. companies with ties to Britain could face criminal charges in the United Kingdom if they fail to prevent a wide range of financial crimes—including fraud and money laundering—under new laws that the government is planning.The idea is to model the new rules on existing provisions in the U.K. Bribery ...