Rumours of First UK DPA

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July 22, 2015

It is being reported in the press1 that Barclays has been invited by the Serious Fraud Office to discuss the possibility of entering into a deferred prosecution agreement ('DPA') in relation to the long-running investigation into its dealings with Qatari investors. If this is correct, this is the first step in a long process that could result in the UK's first DPA. To date, no DPAs have been entered into since their introduction in February 2014. Barclays have reportedly denied receiving a formal offer of a DPA.

For more information on the DPA process, please see our practical, working guide.




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Topics:Deferred Prosecution AgreementsSerious Fraud Office