Credit: Tierney/Adobe Stock. A Blueprint for Targeted Enhancements to Corporate Compliance Programs
The DOJ recently updated the Evaluation of Corporate Compliance Programs to direct prosecutors who are considering charges or resolutions to assess how a company addresses, among other topics, disruptive technologies and AI, self-disclosure initiatives, and the compliance function's access to corporate data.
November 07, 2024 at 12:20 PM
7 minute read
The Department of Justice (DOJ) recently updated the Evaluation of Corporate Compliance Programs (ECCP) to direct prosecutors who are considering charges or resolutions to assess how a company addresses, among other topics, disruptive technologies and AI, self-disclosure initiatives, and the compliance function's access to corporate data. This enhanced guidance follows a pattern for ECCP amendments and reveals a trend toward an expectation of more proactive compliance efforts as a predicate for credit from prosecutors. Compliance stakeholders, therefore, can use this update as a blueprint for high-value program enhancements.
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