White collar crime reform considered – Law Society’s Gazette

‘The attorney general has revealed that the government is considering changing the evidential basis for prosecuting white collar crime.’

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Law Society’s Gazette, 20th October 2014

Source: www.lawgazette.co.uk

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Warnings of “US-style penalties” for corporate economic crimes as new sentencing guidelines come into force – OUT-LAW.com

‘Firms operating in England and Wales should be prepared for tougher penalties in cases of fraud, bribery and money laundering now that new sentencing guidelines have come into force, an expert has said.’

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OUT-LAW.com, 7th October 2014

Source: www.out-law.com

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SFO head defends agency’s perceived “lack of appetite” for prosecuting senior UK bankers – OUT-LAW.com

‘The head of the Serious Fraud Office (SFO), which investigates and prosecutes serious and organised crime in England and Wales, has defended the agency’s record against UK banks and senior bankers in the aftermath of the financial crisis.’

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OUT-LAW.com, 6th October 2014

Source: www.out-law.com

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Fighting corporate crime – DPAs hit the UK – Halsbury’s Law Exchange

Posted February 25th, 2014 in corruption, deferred prosecution agreements, news, prosecutions by sally

‘“White-collar crime is a crime like any other and should be prosecuted and punished as such”.

“Corrupt companies cannot buy their way out of trouble”

Statements like these have been the impetus behind “credible deterrence”, and the growth of high-profile investigations into the alleged criminal actions of corporate bodies.’

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Halsbury’s Law Exchange, 24th February 2014

Source: www.halsburyslawexchange.co.uk

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Deferred prosecution agreements to be made available next week as new guidance published – OUT-LAW.com

Posted February 18th, 2014 in bribery, deferred prosecution agreements, fraud, news, prosecutions by sally

‘Prosecutors will be able to enter into US-style ‘plea bargains’ with corporate offenders from next week, providing an alternative to prosecution in cases of economic crime such as bribery or fraud.’

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OUT-LAW.com, 17th February 2014

Source: www.out-law.com

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Fighting economic crime in the modern world – Attorney General’s Office

“Solicitor General makes the opening speech of the 31st Cambridge International Symposium on Economic Crime Originally given at Cambridge.”

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Attorney General’s Office, 2nd September 2013

Source: www.gov.uk/ago

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Deferred Prosecution Agreements ‐ at one with atonement – Dyers Chambers

“With the Crime and Courts Act having received Royal Assent on 25 April 2013, Andrew Price looks at the genesis of Deferred Prosecution Agreements (DPAs) and what may lie in store for the future.”

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Dyers Chambers, 11th July 2013

Source: www.dyerschambers.com

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LIBOR Update – who will be next? – Dyers Chambers

On 20th June 2013, Tom Hayes, a former trader with UBS, appeared before Westminster Magistrates Court charged with eight counts of fraud. He is the first individual to be prosecuted as a result of the SFO’s investigation into the LIBOR scandal. Peter Caldwell reviews the background to the investigation and examines the challenges that lie ahead for the Serious Fraud Office.

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Dyers Chambers, 11th July 2013

Source: www.dyerschambers.com

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The mechanics of Deferred Prosecution Agreements in the UK – Speech by Oliver Heald QC MP

“Speech to the C5 7th Advanced Forum on Anti Corruption on the role of prosecutors and the court.”

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Attorney-Geberal’s Office, 28th June 2013

Source: www.gov.uk/ago

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Tough new bribery sentencing guidelines will shape deferred prosecution agreements framework, says expert – OUT-LAW.com

“Tough proposed sentencing guidelines will inform the level of financial penalties set by the Serious Fraud Office (SFO) under new deferred prosecution agreements (DPAs), an expert has said.”

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OUT-LAW.com, 28th June 2013

Source: www.out-law.com

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Deferred Prosecution Agreements – No. 5 Chambers

Posted May 29th, 2013 in company law, deferred prosecution agreements, fines, news, sentencing by sally

“Following the Bribery Act 2010 the next instrument the Government is preparing in the ‘battle against economic crime’ is the Deferred Prosecution Agreement [‘DPA’]. Following a consultation in 2012 the Ministry of Justice inserted schedule 17 into the Crime and Courts Act 2013 [‘CCA 2013’]. Although the Crime and Courts Act 2013 received Royal Assent in April 2013, Schedule 17 is not yet in force.”

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No. 5 Chambers, 22nd May 2013

Source: www.no5.com

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HSBC faces court threat as deal on money laundering charges stalls – The Guardian

Posted May 28th, 2013 in banking, deferred prosecution agreements, money laundering, news by sally

“Judge may take action that could leave HSBC facing a criminal prosecution and threat to its ability to do business in the US.”

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The Guardian, 23rd May 2013

Source: www.guardian.co.uk

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Deferred prosecution agreements for England and Wales “on track for 2014″ as legislation approved – OUT-LAW.com

“US-style ‘plea bargains’ will be introduced in England and Wales from 2014, following Parliamentary approval of the relevant laws.”

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OUT-LAW.com, 29th April 2013

Source: www.out-law.com

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Crime and Courts Act 2013 – legislation.gov.uk

Full text of Act

Source: www.legislation.gov.uk

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Deferred Prosecution Agreements – Sir Anthony Hooper, Former Lord Justice of Appeal – Fulcrum Chambers

Posted January 29th, 2013 in bribery, company law, deferred prosecution agreements, negligence, news, penalties by sally

“Since the early 90s US prosecuting authorities have been using deferred prosecution agreements. They are said to raise about $2.5bn a year in penalties, often in respect of criminal activities with little connection to the US. A deferred prosecution agreements involves the filing in court of agreed charges against a corporation, subject to a condition that the charges will not be pursued if the corporation complies with the often stringent terms of the agreement for a specified period. Such terms will include the payment of substantial sums to reflect broadly the fine that would have been paid had the corporation pleaded guilty and to reflect the confiscation and compensation regimes. Corporations are likely also to have to agree to the appointment of a monitor to ensure their adherence to proper standards of behaviour.”

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Fulcrum Chambers, January 2013

Source: www.fulcrumchambers.com

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A balanced approach to the challenges of economic crime – Attorney General’s Office

“Attorney General, Dominic Grieve QC MP outlined steps taken to prosecute economic crime at the Cityforum round table. Originally given at City of London Guildhall. This is the text of the speech as drafted, which may differ slightly from the delivered version.”

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Attorney General’s Office, 21st January 2013

Source: www.gov.uk/ago

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Richard O’Dwyer strikes deal to avoid US extradition – BBC News

Posted November 28th, 2012 in copyright, deferred prosecution agreements, extradition, internet, news by sally

“A student facing trial and possible imprisonment in the United States has struck a deal to avoid extradition, the High Court has been told.”

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BBC News, 28th November 2012

Source: www.bbc.co.uk

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Green light expected for deferred prosecutions – Law Society’s Gazette

“The government is expected today to give a cautious go ahead to US-style deferred prosecution agreements (DPAs) for corporate crime. A government response to a Ministry of Justice consultation held last summer is likely to to recommend changing the law to allow such deals to be struck between offending companies and the Serious Fraud Office.”

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Law Society’s Gazette, 23rd October 2012

Source: www.lawgazette.co.uk

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SFO must publish more information about bribery settlement cases, report says – OUT-LAW.com

“Criticism over the lack of detail that has emerged from corruption case settlements only serves to reinforce the need for deferred prosecution agreements (DPAs) to be introduced in the UK, an expert has said.”

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OUT-LAW.com, 2nd April 2012

Source: www.out-law.com

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Deferred prosecution agreement legislation to be introduced, Solicitor General says – OUT-LAW.com

“The Government will introduce new laws that enable businesses and prosecutors to negotiate the punishments those firms should face for unlawful activity before the end of this Parliament, a top legal advisor has said.”

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OUT-LAW.com, 22nd March 2012

Source: www.out-law.com

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