On the surface, a Deferred Prosecution Agreement (DPA) between corporation and prosecutor works for both sides, avoiding a long, messy and costly trial. Providing obligations are met, no convictions besmirch corporate reputations. But a DPA leaves a long shadow.
The reality of life under a DPA is no picnic for senior executives as it presents governments with a more efficient way of holding individuals to account and influencing changes on a firm’s compliance culture from within.
“No company wishes to be prosecuted, given the expense and reputational damage
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