Clifford Chance
Serious Fraud Office concludes its most significant corporate bribery settlement to date
19 January 2017
On 17 January, the UK Serious Fraud Office ("SFO") agreed a deferred prosecution agreement ("DPA") with Rolls-Royce PLC and a subsidiary operating in the energy industry ("Rolls-Royce"). This is the third such agreement to be agreed between the SFO and a cooperating corporate entity. The DPA marks the conclusion of the largest investigation ever undertaken by the SFO and provides further important indications about when it and the courts will entertain such settlements and how they will be concluded
