On June 1, 2020, the Department of Justice issued an update to its Guidance on Evaluating Corporate Compliance Programs.
The new guidance outlines that companies must dedicate sufficient resources to actively and comprehensively monitor not only the effectiveness of their own compliance program, but also learn from the mistakes of other companies facing similar compliance risks.
Although the new guidance gave credence to the potential difficulties in harmonizing U.S. and foreign law, the overall message is one of increased scrutiny and expectations.
If you're not sure whether your compliance program measures up, let us help.
Among the many moving pieces that companies need to keep in mind in continuously enhancing their compliance programs is the need to stay on top of DOJ’s evolving expectations.