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
Summary -
Top U.S. Department of Justice officials announced the DOJ’s first-ever pilot program on corporate compensation incentives and clawbacks, as well as new policies on preservation of corporate communications, at...more
Summary -
The Department of Justice (DOJ) last week issued revisions to the Criminal Division’s Corporate Enforcement Policy that incentivize companies to promptly self-disclose corporate misconduct, cooperate with the DOJ,...more
The Department of Justice-Criminal Division recently updated its internal guidance to federal prosecutors for evaluating corporate compliance programs. The DOJ does not promulgate a checklist or formula for evaluating such a...more
On March 16, the National Whistleblower Center (NWC) called on Attorney General William Barr to form a nationwide task force to monitor and investigate False Claims Act (FCA) allegations related to the Covid-19 pandemic....more
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
A Textbook Case of Alleged Money Laundering?
On November 18, 2019, the U.S. Attorney for the Southern District of New York announced the arrest and unsealed the indictment of Bruce Bagley – a 73-year-old college professor...more
11/26/2019
/ Bribery ,
Corruption ,
Criminal Conspiracy ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Embezzlement ,
Enforcement Actions ,
Foreign Bank Accounts ,
Indictments ,
Money Laundering ,
Public Projects ,
Public Works ,
Swiss Banks ,
Venezuela ,
White Collar Crimes
Assistant Attorney General Brian A. Benczkowski announced the restructuring of the U.S. Department of Justice’s Securities and Financial Fraud Unit within the Fraud section of the Criminal Division. The unit will now be known...more
10/10/2019
/ Anti-Corruption ,
Commodities ,
Consumer Fraud ,
Department of Justice (DOJ) ,
Financial Fraud ,
Financial Institutions ,
Government Investigations ,
Investment Fraud ,
Policy Statement ,
Securities Fraud ,
White Collar Crimes
The U.S. Department of Justice-Criminal Division recently updated its internal guidance to federal prosecutors for evaluating corporate compliance programs....more
5/16/2019
/ Anti-Bribery ,
Anti-Corruption ,
Bribery ,
Compliance ,
Corporate Misconduct ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
White Collar Crimes
In recognition of the significance South America has played in recent FCPA enforcement, yesterday the FBI announced that it will establish a team of agents in Miami focused on FCPA cases in Miami and South America. ...more
In a highly anticipated speech to the New York City Bar White Collar Crime Institute this morning, Deputy Attorney General Rod Rosenstein announced two new Department of Justice (DOJ) policies...more
Canada’s Liberal government recently introduced a bill, known as C-74, that would allow for a type of deferred prosecution agreement called a “remediation agreement” for alleged violations of Canada’s foreign bribery law, the...more