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 11:20 AM
7 minute read
Risk and Compliance
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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