Rumours of First UK DPA

Rumours of First UK DPA

Blog WilmerHale W.I.R.E. UK

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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