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How the Petrofac hearing could impact business crime

Commentary from a barrister in the field of business crime on how the Petrofac case could impact the future direction for the handling of business crime

This case is a departure from the recent practice of the SFO’s strategy of negotiating deferred prosecution agreements (“DPAs”) with companies avoiding any criminal convictions. Since the scheme was introduced in 2014, DPAs have been considered a welcome development for corporations in that they have enabled both sides to mitigate the risks and expense of […]