At a hearing on November 30, 2015, Southwark Crown Court approved the first deferred prosecution agreement (DPA) in the UK. DPAs have been available for use by the Serious Fraud Office (SFO) since February 2014, following their introduction in the Crime and Courts Act 2013. Lord Justice Leveson approved the DPA proposed by the SFO with London-based ICBC Standard Bank. The Bank had been the subject of an indictment alleging failure to prevent bribery contrary to section 7 of the Bribery Act 2010. Please click here to read the full client alert.
Kevin Roberts specializes in regulatory compliance, corporate investigations and fraud. He advises corporations and individuals in money laundering compliance and investigations, regulatory compliance, tax investigations, fraud, including the investigations and enforcement actions by the UK's Financial Conduct Authority. As part of his international practice, he also advises on mutual assistance requests and extradition. More ›
Duncan Grieve is an associate based in the London office of Morrison & Foerster and is a member of the Litigation group. Mr. Grieve advises a range of organisations, including multinationals, both on internal corporate investigations and during investigation or prosecution by regulatory bodies including the Financial Conduct Authority (FCA) and the Serious Fraud Office (SFO). More ›