Client Advisory: UK Deferred Prosecution Agreements
UK Deferred Prosecution Agreements: Opportunities & Challenges Amid Increased Enforcement Actions
The United Kingdom (UK) announced the implementation of Deferred Prosecution Agreements (DPAs) as an alternative option for resolving corporate criminal investigations. DPAs may help corporations avoid costly convictions, but also pose some challenges for corporate counsel. The announcement emphasizes the value of pro-active compliance programs and co-operative communication with regulators and also underscores a global trend of adopting United States (US) laws and legal policies. The new availability of DPAs may also help corporations mitigate the volume of investigations from the Serious Fraud Office (SFO) and expanding enforcement of the UK Bribery Act of 2010.
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