In May 1991, the U.S. Sentencing Commission released new guidelines for punishing businesses for criminal misconduct. Included in this historic announcement was a blueprint for how companies can prevent crimes such as corporate fraud, bribery, and collusion.
Now referred to as “the seven elements of effective compliance,” this framework promulgates the underlying theory that if a business received a sentencing break for having a bona fide compliance program, it would encourage companies to take crime prevention seriously.
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