In the second quarter the Department of Justice (DOJ) issued two declinations which demonstrated that the DOJ Pilot Program is alive and well. Linde Gas and CDM Smith, both received declinations to prosecute by meeting the four prongs of the Pilot Program; (1) self-disclosure, (2) extensive cooperation, (3) extensive remediation, and (4) profit disgorgement. These cases demonstrate the clear advantages of self-disclosure as both companies had engaged in conduct which was clearly violative of the Foreign Corrupt Practices Act (FCPA).
QuantaVerse Debuts ‘CAE Checkup’ to Help Corporations and Financial Institutions Evaluate the Effectiveness of an Artificial Intelligence Approach to Internal Risk Audits9:36 pm -- December 14, 20172:24 pm -- December 14, 2017
55% of Organizations Unaware of Policy Violations in their Own Enterprise, Reveals MetricStream Research Survey10:47 am -- December 12, 2017
K1 Combines Actiance and Smarsh to Create Global Compliance and Enterprise Information Archiving Leader4:00 pm -- November 16, 2017