Clifford Chance
Double First for SFO provides template for corporate bribery settlements
1 December 2015
On 30 November, the first deferred prosecution agreement ("DPA") reached between the UK Serious Fraud Office ("SFO") and a co-operating corporate defendant received final approval from the Court. The DPA has been reached in the first concluded case in which action has been taken against a corporate organisation for the offence of failing to prevent bribery committed by two officials of a foreign associated company of a UK bank, under section 7 of the Bribery Act 2010.
