On 30 November, an English court approved the first Deferred Prosecution Agreement (DPA). This DPA also coincided with the first time that the Serious Fraud Office had charged the "failure to prevent bribery" offence under section 7 of the Bribery Act. The DPA was agreed between the SFO and Standard Bank in relation to allegations surrounding a business agreement between Standard Bank and the Tanzanian Government in 2012. For a full analysis of the DPA and the lessons that we can learn from it, please read our Client Alert here.
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