Following a year of new DOJ policies and guidance designed to incentivize companies to self-report misconduct and to cooperate with government investigations, the DOJ has added a new pilot whistleblower rewards program. In...more
3/19/2024
/ Artificial Intelligence ,
CFTC ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Pilot Programs ,
Popular ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers ,
White Collar Crimes
The Department of Justice (DOJ) has unveiled a new whistleblower policy designed to incentivize individuals to disclose corporate misconduct through financial rewards from any resulting forfeiture of criminal proceeds. The...more
3/13/2024
/ Algorithms ,
Artificial Intelligence ,
Cooperative Compliance Regime ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Pilot Programs ,
Risk Management ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers ,
White Collar Crimes
Summary -
The Department of Justice (DOJ) has created the International Corporate Anti-Bribery initiative (ICAB), which aims to strengthen the United States’ global efforts in combating corruption through enhanced...more
12/6/2023
/ Anti-Bribery ,
Anti-Corruption ,
Anti-Money Laundering ,
Bribery ,
Corporate Crimes ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
FCPA Corporate Enforcement Policy (CEP) ,
Financial Crimes ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Money Laundering ,
White Collar Crimes
South Carolina-based consumer lender World Acceptance Corporation announced recently that it had earmarked $21.7 million to resolve a Securities and Exchange Commission (SEC) probe into its compliance with the Foreign Corrupt...more
6/3/2020
/ Anti-Bribery ,
Books & Records ,
Bribery ,
Consumer Lenders ,
Criminal Penalties ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Services Industry ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Investigations ,
Popular ,
Securities and Exchange Commission (SEC)
The U.S. Department of Education (DOE) recently announced that it is launching an investigation into the foreign gifts reporting practices of two higher education institutions. ...more
2/28/2020
/ Colleges ,
Conflicts of Interest ,
Corruption ,
Department of Education ,
Educational Institutions ,
Enforcement Actions ,
Ethics ,
Failure to Comply ,
Failure to Report ,
Federal Funding ,
Gifts ,
Government Investigations ,
Higher Education Act ,
Regulatory Requirements ,
Reporting Requirements ,
Title IV ,
Transparency ,
Universities ,
White Collar Crimes