SAP Concludes DPA with the U.S. and Agrees to Pay $220 Million to Resolve Bribery Charges

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Friday, January 12, 2024

Author:

Bruce Zagaris

Volume:

40

Issue:

1

Abstract:

On January 10, 2024, SAP SE (SAP), a publicly traded international software company based in Germany, entered into a Deferred Prosecution Agreement (DPA) and agreed to pay over $220 million to resolve investigations by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA).