Corporate lawyers in the U.K. continue to grapple with how to negotiate with the Serious Fraud Office to secure deferred prosecution agreements in ways lawyers with experience in the U.S. process don’t, said David Green, the SFO’s director.
“U.S. lawyers who are steeped in [negotiating deferred prosecution agreements] understand that this is the process, it involves a settlement,” said Mr. Green, speaking on the sidelines of the Pinsent Masons’ Regulatory Conference in London on Thursday. “Some English firms are treating the DPA process as litigation, they are trying to score points” when negotiating a penalty and disgorgement of profits.
‘Enforcement 40’ for 2020
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