A court in London has approved the Serious Fraud Office’s first DPA in a case involving Standard Bank’s failure to prevent the bribery of Tanzanian officials.  The bank will pay $32.6 million in fines for alleged Bribery Act violations which allowed the bank to win a lucrative private placement deal.  The SEC announced a coordinated settlement fining Standard Bank $4.2 million for failing to disclose the same payments in violation of Section 17(a)(2) of the Securities Act.  Although there are many lessons to be learned from Standard Bank’s agreement, the matter is a “relatively small case” and the DPA is “an incredibly new animal” in the U.K., said Ryan Junck, a partner in Skadden’s London offices.  “Much of the story about when and how DPAs will be used is yet to be written,” he said.  See also “SFO Secures First Bribery Act Convictions” (Dec. 17, 2014).