Lord Justice Leveson approved Tesco Store Limited’s (“Tesco”) Deferred Prosecution Agreement (“DPA”) on 10 April 2017, making them the fourth company since November 2015 to enter into a DPA with the UK’s1 Serious Fraud Office...more
4/29/2017
/ Bribery ,
Cooperation ,
Corporate Misconduct ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Fines ,
Fraud ,
Government Investigations ,
Individual Accountability ,
Penalties ,
Serious Fraud Office (SFO) ,
Shareholders ,
UK ,
UK Bribery Act
In today’s regulatory environment, companies face mounting pressure from law enforcement agencies to maintain robust compliance programs to deter and detect misconduct by employees, third-party vendors and business partners....more
3/22/2017
/ Compliance ,
Cooperation ,
Corporate Governance ,
Department of Justice (DOJ) ,
Due Diligence ,
Federal Pilot Programs ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
New Guidance ,
Policies and Procedures ,
Remediation ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
UK Bribery Act ,
Voluntary Disclosure
The Sentencing Council’s Definitive Guidance for Fraud, Bribery and Money Laundering Offences (the “UK Guidelines”) came into force on 1 October 2014. The UK Guidelines set out a ten step process for sentencing and apply to...more