UK DPA’s are not ‘cosy’ agreements

UK DPA’s are not ‘cosy’ agreements

Anti-corruption is and will remain firmly on the agenda, said UK Serious Fraud Office director David Green at a recent GoodCorporation business ethics debate at the House of Lords in London.

Gareth Thomas summarised the debate in the FCPA Blog.

The debate looked at the future of anti-corruption prosecution. David Green made the SFO’s position very clear. “Damascene conversions” will not be acceptable to the SFO – self reporting is and will remain an essential precondition of a Deferred Prosecution Agreement.

Pleas that bribery is a price that has to be paid in certain parts of the world cannot be an acceptable way forward.

“Bribery is not a necessary evil in the marketplace. Business must accept that there may be some jurisdictions in which business cannot be done.” Green said.

Click here to read the article in full.

 

Posted March 14 2018