
Firms that self-report suspected wrongdoing to Britain’s Serious Fraud Office (SFO) and co-operate with investigators will get a chance to avoid prosecution, according to guidance published by the SFO.
The SFO, which has a remit covering complex financial crimes, fraud and corruption, said companies that flag potential breaches would be offered the chance to negotiate a Deferred Prosecution Agreement (DPA), except in exceptional circumstances.
Such agreements typically allow the accused