The recent Rolls-Royce DPA gives an interesting indication of the factors courts take into account when calculating a punishment under anti-corruption guidelines.
In January this year, the UK court approved a Deferred Prosecution Agreement between the Serious Fraud Office and Rolls-Royce plc (RR) who were fined some £497m as a result of pleading guilty to multiple counts of conspiracy to corrupt, failure to prevent bribery and false accounting.
With this substantial settlement, is UK financial punishment of global bribery finally sitting alongside its US partners?
Read Rik Workman’s commentary on this in The Lawyer.
Author: Rik Workman, FRA partner
Forensic Accounting and Investigations
FRA is an expert provider of forensic accounting services to clients involved in anti-corruption investigations and regulatory compliance. We counsel clients involved in disputes, anti-corruption enforcement responses, anti-money laundering and counter terror financing, sanctions, damage valuation and penalty calculations, and fraud investigations. We have provided expert testimony and acted as consulting experts in a variety of matters.