UK Prosecution Authorities Launch Consultation on Deferred Prosecution Agreements (DPAs)

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On June 27, the Serious Fraud Office and Director of Public Prosecutions launched a consultation on DPAs, which are being introduced under the Crime and Courts Act 2013 in February 2014.

DPAs are US-style voluntary agreements between prosecutors and companies whereby a company is charged with a criminal offense (e.g. bribery or fraud) but proceedings are automatically suspended provided the company comes to an agreement with the prosecutor, usually involving a financial penalty, payment of compensation and/or co-operation with future prosecutions of individuals. Consultation Document.

 

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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