Course description
In the words of Lisa Osofsky, Director of the Serious Fraud Office, ‘DPAs are a valuable tool in the fight against serious fraud, bribery and corruption, capable of not only punishing corporates for criminality but also making sure the company rehabilitates and becomes a better corporate citizen.’
There have been 9 DPAs so far, including one entered into on 30 October 2020 which required the company to pay almost £3m to the authorities. It is clear that DPAs have a serious role to play in the future and it is important that corporates and their advisers are aware of their existence, as well as the strategic advantages and disadvantages of entering into one of them.
This 1 hour guide with expert barrister Rachel Clark will explore the principles, legal framework, process and key case law you need to be aware of.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
In the words of Lisa Osofsky, Director of the Serious Fraud Office, ‘DPAs are a valuable tool in the fight against serious fraud, bribery and corruption, capable of not only punishing corporates for criminality but also making sure the company rehabilitates and becomes a better corporate citizen.’
DPAs offer a suspension of prosecution in exchange for the company admitting to misconduct, paying a financial penalty and adhering to agreed conditions to secure future compliance.
There have been 9 DPAs so far, including one entered into on 30 October 2020 which required the company to pay almost £3m to the authorities.
It is clear that DPAs have a serious role to play in the future and it is important that corporates and their advisers are aware of their existence, as well as the strategic advantages and disadvantages of entering into one of them.
What You Will Learn
This webinar will cover the following:
The Principles
- Why DPAs were introduced
- What constitutes a DPA
- Strategy - positioning the company for a DPA
The Framework
- The statutory regime
- The new SFO guidance
The Process
- Confidentiality and information sharing
- Dealing with parallel investigations
- Navigating the negotiation process
- Finalising the Statement of Facts & Agreement
- Going to Court
Case Law
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...