Deferred Prosecution Agreement
Key Facts
Abbreviation
DPA
Pronunciation
/dɪˈfərd ˌprɑsəˈkjuʃən əˈgrimənt/
Category
Miscellaneous
Related Field
Unclassified
Examples in Context
- HSBC on Tuesday signed a five-year deferred prosecution agreement to prevent a trial over the affair.
- Or they could settle for a deferred prosecution agreement ( DPA ), under which SAC admits wrongdoing without being charged.
- The bank paid almost $ 2bn in fines and signed a five-year deferred prosecution agreement with US authorities in December 2012 after admitting that it processed drug-trafficking proceeds through Mexico and transmitted funds from sanctioned countries including Iran.
- As part of the deferred prosecution agreement, which spares the bank from criminal prosecution in exchange for the payment and a promise to reform its practices, JPMorgan admitted that it had ignored multiple red flags.
Other meanings of DPA
Differential Power Analysis
Academic
Dynamic Programming Algorithm
Computing
Data Privacy Algorithm
Computing
Digital Pathology Association
Community