No Longer Just a Matter of Paying the Fine and Moving On.
Corporate settlement agreements used to be straightforward—pay the penalty and move on. Now, these resolutions rival complex business transactions, including...more
9/12/2023
/ Breach of Duty ,
Compliance Management Systems ,
Corporate Misconduct ,
Corporate Monitoring ,
Corrective Action Plans (CAPs) ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Ethics ,
Foreign Corrupt Practices Act (FCPA) ,
Forensic Examination ,
Government Investigations ,
Internal Audit Functions ,
Remediation ,
Risk Assessment ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Settlement Agreements ,
White Collar Crimes
On July 30, 1778, the Second Continental Congress passed the Whistleblower Protection Act of 1778, which is considered to be the first whistleblower law in world history. Much has changed in two and a half centuries, but very...more
7/28/2023
/ Anti-Money Laundering ,
CFTC ,
Dodd-Frank ,
EU ,
EU Directive ,
Financial Intelligence Unit (FIU) ,
Foreign Corrupt Practices Act (FCPA) ,
Lacey Act ,
Securities and Exchange Commission (SEC) ,
Speak-up Cultures ,
Tax Relief Act of 2010 ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers
The DOJ has signaled that CEO and CCO certifications will become a staple of all corporate settlement agreements. Critics worry CEOs and CCOs face undue personal liability and argue it will dissuade CCOs from accepting the...more
11/10/2022
/ Anti-Corruption ,
Anti-Money Laundering ,
CEOs ,
Certifications ,
Chief Compliance Officers ,
Compliance ,
Corporate Governance ,
Department of Justice (DOJ) ,
Ethics ,
Foreign Corrupt Practices Act (FCPA) ,
Incident Response Plans ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Third-Party ,
White Collar Crimes