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Podcast: Corruption Crime & Compliance
Episode: DOJ's Compliance Frontier: Incentives and Disincentives
Description: On this episode of the Crime, Corruption and Compliance podcast, host Michael Volkov discusses the Department of Justiceβs recent focus on incentives and disincentives as part of an effective ethics and compliance program. This includes awards for ethical conduct, clawbacks, and deferred payment schemes to hold officers and employees accountable for misconduct, and requirements for executives to be evaluated on their compliance with laws and regulations. Michael also talks about how companies can create appropriate policies and procedures to incentivize and monitor compliance and how to design and implement a compensation system that ensures compliance. ...