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DOJ Introduces New Policies on Combating Corporate Crime.

Authors :
Beck, Nina Gerda
Bosack, Sean O
Thomson, Mark
Source :
Corporate Counsel Litigation. Fall2023, Vol. 38 Issue 1, p2-7. 6p.
Publication Year :
2023

Abstract

The Department of Justice (DOJ) has introduced new policies to combat corporate crime. These policies include a voluntary self-disclosure (VSD) policy that incentivizes companies to report their own misconduct to the government, a pilot program on compensation incentives and clawbacks to hold those responsible for corporate malfeasance accountable, and an updated evaluation of corporate compliance programs to address the use of personal devices for company business. Companies that comply with these policies may be eligible for reduced fines and criminal liability. It is important for companies to have clear compliance programs and policies that address the use of messaging platforms and personal devices for business purposes. [Extracted from the article]

Details

Language :
English
Volume :
38
Issue :
1
Database :
Academic Search Index
Journal :
Corporate Counsel Litigation
Publication Type :
Periodical
Accession number :
174849228