1. DOJ Introduces New Policies on Combating Corporate Crime.
- Author
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Beck, Nina Gerda, Bosack, Sean O, and Thomson, Mark
- Subjects
- *
COMMERCIAL crimes , *CORPORATE governance , *LAW offices , *SENIOR leadership teams , *WHITE collar crimes , *CRIME , *EMPLOYEE misconduct , *CIVIL restitution - 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]
- Published
- 2023