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Podcast: Corruption Crime & Compliance
Episode: DOJ Issues New Compliance Guidance and Focus on Corporate Compliance Systems
Description: The Justice Department is raising the bar on corporate compliance, and Michael Volkov believes we are witnessing a watershed moment. In this episode of Corruption, Crime and Compliance, he explains the significant revisions to the evaluation of corporate compliance programs, the new corporate enforcement policy, and the criminal division's three-year pilot program on compensation incentives and clawbacks.Β Some of the ideas discussed in this episode include:DOJ is raising expectations for corporate compliance programs and incentivizing ethical behavior.Companies must implement effective employee reporting systems, conduct timely internal investigations, and hold bad actors a...