The Director of the UK ’s Serious Fraud Office ( SFO ) , David Green , has warned companies against viewing deferred prosecution ##s ( ATP ) , which enable settlements to be made without criminal prosecution , as the “ new normal ” . Last week , Tesco reached a settlement , including a £ 129 m ( $ 161 million ) fine , with the SFO . DPAs , which were introduced in the UK three years ago , have also been used in settlements with Standard Bank and Rolls - Royce . Speaking to The Observer , Green said that the SFO will also investigate other means to punish wrong - doers . The SFO is currently investigating major companies including Airbus , Barclays and GlaxoSmithKline .
The Director of the UK’s Serious Fraud Office (SFO), David Green, has warned companies against viewing deferred prosecution agreements (DPAs), which enable settlements to be reached without criminal prosecution, as the “new normal”. Last week, Tesco reached a DPA, including a £129m ($161m) fine, with the SFO. DPAs, which were introduced in the UK three years ago, have also been used in settlements with Standard Bank and Rolls-Royce. Speaking to The Observer, Green emphasised that the SFO will also use other means to punish wrong-doers. The SFO is currently investigating major companies including Airbus, Barclays and GlaxoSmithKline.