Ex-SFO Chief Calls For Bigger Discounts On DPA Fines

Law360, London (September 3, 2019, 2:35 PM BST) -- Prosecutors should consider offering more incentives to companies that strike bargains allowing them to avoid prosecution in exchange for paying a fine and showing that their culture has changed, the former head of Britain’s white-collar crime agency has said.

David Green, who led the Serious Fraud Office from 2012 to 2018, said that criticism of the U.S.-style settlements — known as deferred prosecutions agreements, which were introduced in 2014 — has been unjustified, despite a series of high-profile setbacks for crime-fighters.

“A DPA is and remains an effective mechanism,” Green said on Monday. “It offers certainty in terms of resolving criminal investigations,...

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