U.K. SFO Poised for First Plea Deal With ICBC Standard Bank

Updated on
  • SFO says Judge Leveson has approved deal in principle
  • Agency will seek final agreement Monday in London court

The U.K. Serious Fraud Office is seeking to enter into a plea agreement with ICBC Standard Bank Plc, marking the first deferred prosecution agreement the agency has issued since receiving new powers last year.

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