UK Parliament / Open data

Financial Services (Banking Reform) Bill

I am listening with great interest to the hon. Gentleman. As he may know, the United States operates a regime called the deferred prosecution agreement, under which an institution accepts that it has committed an offence and agrees to pay a large fine on the understanding that it will not be prosecuted. Part of the deal is that the institution must allow auditors in, and must change its behaviour. Is there a similarity between the DPA structure and the structure the hon. Gentleman is describing?

Type
Proceeding contribution
Reference
572 c263 
Session
2013-14
Chamber / Committee
House of Commons chamber
Back to top