Government Consults on a Deferred Prosecution Agreement

The Government is currently consulting on the prospect of introducing a ‘deferred prosecution agreement’ scheme which it hopes will ensure that more economic crimes are punished. 

The proposal would involve a prosecutor issuing charges against a company, but not immediately proceeding with them, so long as the company complied with various requirements which could include financial penalties, confiscation of the profits of wrongdoing,  restitution for victims and measures to prevent future offending.

These sanctions would have time limits to ensure compliance with any requirements of the deferred prosecution agreement. If the sanctions are complied with, the pending prosecution would then be discontinued.