The lesser spotted, greatly discussed DPA

On 19 March 2018, Singapore's Parliament ushered in a raft of criminal justice reforms, including the significant introduction of a deferred prosecution agreement ("DPA") regime. This is a major legislative development and is indicative of the concrete steps taken by Singapore to enforce corporate liability for corruption, money laundering and related offences.

Multinationals headquartered or operating in Singapore should be aware of this bold move by the Singapore regulators towards recognizing corporate criminal liability and must take proactive compliance measures to ensure a culture of zero tolerance against corporate malfeasance.

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