Deferred prosecution agreements: guidance emerges ahead of launch
As of Monday 24 February, companies that have uncovered potential liability for economic crimes will have the opportunity to avoid criminal prosecution (and many of the associated consequences) by seeking a deferred prosecution agreement (DPA) in the UK.
DPAs haven been available in the US since the 1990s and have been utilised by prosecutors to conclude criminal investigations into a number of multi-national companies, such as Royal Bank of Scotland, Rabobank, HSBC, Pfizer, Total and Standard Chartered.
With Definitive Sentencing Guidelines for Corporate Offenders issued by the Sentencing Council on 31 January, and the Deferred Prosecution Agreements Code of Practice published on 14 February, some of the advantages and disadvantages, and the potential level of financial penalty, associated with a DPA have now become clearer…
Click on the link below to read the rest of the Stephenson Harwood briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Stephenson Harwood
News from The Lawyer
Briefings from Stephenson Harwood
This helpful one-page summary diagram shows the current expected timetable for Great Britain’s passenger rail franchises and concessions.
In Kays Hotels v Barclays Bank, the Commercial Court refused a strike-out application that was based on a bank’s argument that the claim was time-barred.
Analysis from The Lawyer
The Lawyer’s litigation reporter looks at the ongoing saga of the Tchenguiz litigation
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe