Rolls Royce Plc


Industry: Manufacturing
Underlying Misconduct: UK Bribery Act
Matter Type: UK Serious Fraud Office
Relevant Jurisdiction(s): Serious Fraud Office - United Kingdom
Penalties: Disgorgement, Fine
Fine Amount: £239,082,645
Reporting Agencies: UK Serious Fraud Office
Resolution Form: Deferred Prosecution Agreement
Agreement Date: January 17, 2017
Monitor Reference Term: Other
Monitor Identity: Lord David Gold
Monitorship Term: 5 Years
Monitor Selection Process:

Monitor had been previously engaged by Host Organization to conduct an independent review of its anti-bribery and corruption compliance. SFO permitted Monitor to continue. No selection process or concerns of independence was noted in the Agreement.

Time to Propose Monitors: N/A
Time to Engage Monitor: N/A
Time to First Report: N/A
Reporting Frequency:
Monitor Required Qualifications:

None noted in Agreement.

Summary of Monitor's Scope:

Agreement does not appear to require periodic reports from the Monitor. Prior to Monitorship, Monitor was engaged by Host Organization and produced 2 reports and one was pending. Appears that Reporting Agency required Host Organization to address findings in those reports and for the Monitor to monitor Host Organization's effective implementation of agreed upon recommendations.

Summary of Monitor's Activities:

Please see Agreement.

Monitor's Restrictions:

No retention of Monitor for a period of not less than 2 years after the delivery of Monitor's final report.

Documents Uploaded: Rolls-Royce-SFO-DPA-17Jan2017.pdf